Meaning of reverse split | Babel Free
Definitions
A process by which the stocks of a company are merged, resulting in a smaller number of more valuable shares.
Examples
“When asked for Virgin Galactic's strategy on the reverse split⟳, a company spokesperson referred to the firm's Jun. 12 proxy statement, which detailed the importance of maintaining its New York Stock⟳ Exchange⟳ listing for liquidity and future capital raises.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See also
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