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
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
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 home conversion — is a process of converting a single stand alone vacation home to fractional or shared ownership. There are many steps involved when taking a whole ownership home and converting it to fractional ownership. The most important element is the… … Wikipedia
ownership — own‧er‧ship [ˈəʊnəʆɪp ǁ ˈoʊnər ] noun [uncountable] COMMERCE the state of owning something: • Car ownership by teenagers tripled during the decade. • Home ownership is more common in Britain than in Europe generally. • Limited partnerships give… … Financial and business terms
Fractional financing — Fractional real estate ownership financing takes two forms: Traditional Timeshare and Larger Share Fractional OwnershipFractional mortgages for shares of 1/26 ownership or 2 weeks or less are considered timeshare financing, and is often provided… … Wikipedia
ownership — noun ADJECTIVE ▪ full ▪ sole ▪ collective, common, fractional (AmE, law), joint, shared ▪ … Collocations dictionary
fractional — 1. adjective a) Pertaining to a fraction. b) Divided; fragmentary; incomplete. 2. noun a) An expression of a fractional number. In English, most ordinals double as … Wiktionary
fractional — adj. Fractional is used with these nouns: ↑ownership … Collocations dictionary
Second home ownership — A few decades ago, only wealthy families owned more than one automobile. Today, owning just one car is a rarity. Over the thirty years, owning a second home may be as common as owning a second car. Already, 6.4 million homeowners (6%) own a… … Wikipedia
