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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