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The phrase "approve the split" is correct and usable in written English.
It can be used in contexts where a decision is being made to agree to a division or separation of something, such as finances, teams, or projects.
Example: "The board will meet next week to approve the split of the company into two separate entities."
Alternatives: "authorize the division" or "sanction the separation."
Exact(2)
The insurance department had wide latitude to approve the split with or without much investigation, and she would not second-guess it.
In March, MBIA prevailed in one of those suits, as Justice Barbara R. Kapnick of the New York State Supreme Court ruled that the insurance department had wide latitude to approve the split with or without much investigation.
Similar(58)
Lehman shareholders approved the split at the company's annual meeting yesterday.
She quotes from a deposition by Michael Moriarty, the deputy superintendent of the department and the man who signed the letter approving the split.
The Congress-led UPA government approved the split, or "bifurcation" of the state of Andhra Pradesh into Telangana, which had fought for it for many years; and a prosperous rump-state of Seemandhra, which did not want it at all.
Shortly after opening the polls, Murdoch announced that an "overwhelming majority" of shareholders had approved the split. .
The board of the existing News Corp has now formally approved the split-up of the company's publishing business from its entertainment operations.
Ultimately, more than 95 percent of shareholders approved the stock split, the bank announced.
But when AT&T shareholders approved the reverse split yesterday, they also approved the sale of AT&T's cable unit to Comcast, which will pay a licensing fee to use "AT&T" as part of its name.
A judge in Kingsville, Tex., will decide on June 24 whether to approve the accord, which about split $26 million among 700,000 Texans who would also receive coupons worth $74.90 in tax services for five years.
At a testy meeting on June 23rd, the commissioners voted 3-2, in a rare split decision, to approve the most contested of its several proposed reforms.From the end of next year, three-quarters of a mutual fund's directors will have to be independent of the company that manages the money, up from half hitherto.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com