presplit
Presplit is a term used in several contexts, primarily in finance and telecommunications, to describe an action taken before a main event. In finance, a presplit is a stock split that occurs before a company undergoes a significant corporate event, such as a merger, acquisition, or spin-off. The purpose of a presplit is often to adjust the stock price to a more attractive or manageable range for investors before the larger transaction takes place. For example, a company might presplit its stock to lower the per-share price, making it appear more affordable to a broader investor base.
In telecommunications, presplit refers to a process where a telephone number is divided into smaller blocks
The concept of presplit also appears in other industries where a preliminary division or preparation is made