fractional share — stocks amounting to less than one full share>, usually resulting from splits , acquisitions, exchanges, or dividend reinvestment programs . Bloomberg Financial Dictionary * * * fractional share fractional share ➔ Share * * * fractional share… … Financial and business terms
Fractional Share — A share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar corporate actions. Normally, fractional shares cannot be acquired from the market.… … Investment dictionary
fractional share — A fractional part of a share of corporate stock, such being nonvoting, except as voting has been authorized by statute. Commonwealth ex rel. Cartwright v Cartwright, 350 Pa 638, 40 A2d 30, 155 ALR 1088 … Ballentine's law dictionary
fractional share — Unit of stock less than a full share. This term comes into use with a stock dividend in an instance for example where an owner of 75 shares receives a 10% stock dividend. That part or portion of a share of stock indicated on a right or warrant as … Black's law dictionary
fractional share — Unit of stock less than a full share. This term comes into use with a stock dividend in an instance for example where an owner of 75 shares receives a 10% stock dividend. That part or portion of a share of stock indicated on a right or warrant as … Black's law dictionary
fractional share formula — See marital deduction … Black's law dictionary
fractional share formula — See marital deduction … Black's law dictionary
Fractional Jets — is a common term for fractional aircraft ownership. The first such program was launched in 1986 by NetJets, which continues to dominate the industry. Other providers include business jet operators CitationShares, Flexjet,… … Wikipedia
Fractional ownership — In business, fractional ownership is a percentage share of an expensive asset. Shares are sold to individual owners. A fractional owner enjoys priorities and privileges, such as reduced rates, priority access on holidays and income sharing.… … Wikipedia
share — Shares represent a slice in the ownership of a company. Financial Services Glossary The authorised share capital of a company is divided into a number of equal parts. Each part is called a share. See ordinary shares, preference shares, securities … Financial and business terms
fractional ownership — ➔ ownership * * * fractional ownership UK US noun [U] FINANCE ► a situation in which two or more people, companies, or organizations own and share an asset, for example, property: fractional ownership of sth »You can share valuable assets with… … Financial and business terms
