Butterfly

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Butterfly

In the context of equities, a firm with two divisions may split into two companies and issue original shareholders two shares (one in each of the new companies) for every old share they have.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Butterfly

1. See: Butterfly shift.

2. See: Butterfly spread.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
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