a lynxlike feline mammal, Lynx caracal, inhabiting deserts of N Africa and S Asia, having long legs, a smooth coat of reddish fur, and black-tufted ears
Commerce. a process of reorganizing a corporate structure whereby the capital stock of a division or subsidiary of a corporation or of a newly affiliated company is transferred to the stockholders of the parent corporation without an exchange of any part of the stock of the latter. Compare split-off (def 3), split-up (def 3).