Split order definitions

Split order

A large securities transaction that is divided into smaller orders that are spread out over some period of time to avoid large fluctuations in the market price.
Found on http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm

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Split Order

A municipal bond issue that is made up of serial bonds and term maturity bonds.
Found on http://www.encyclo.co.uk/local/22402

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