A split-valence basis set describes each valence orbital by two (or more) functions of different sizes, so that the orbital can grow or shrink in a molecule. A polarisation function has a higher than the occupied orbitals ( on H, on C) and lets the density shift off the atom; a diffuse function has a small exponent and describes anions and weak interactions far from the nuclei.
Chemistry · Glossary
What is Split-valence, polarisation and diffuse functions?
Also known as: split-valence basis set · polarisation function · diffuse function