Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “fractional share”

fractional share

noun [C]     FINANCE
less than one share given to a shareholder , for example , in a scrip issue (= a situation in which a company creates new shares and gives them to shareholders ): Because corporations do not issue certificates including fractional shares , the stockholder would receive one share and the cash equivalent for the fractional share .
(Definition of fractional share noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of fractional share

Word of the Day

gastronomy

the art and knowledge involved in preparing and eating good food

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More