split-off
C2CEFR level
85/100Rarity: very rare
TechnicalRegister
A separation in which shareholders exchange parent-company stock for shares in a divested subsidiary.
Management structured the disposal as a split-off, letting holders swap their shares for equity in the newly independent unit.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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