answersLogoWhite

0

In finance the concept of a fractional ownership means partially owning and sharing by at least two different people. Its something that is usually done when taking the full financial responsibility would be too much for a single person to bear.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What does fractional mean?

for example 1/3 1/3 1/3 1/3 1/3 1/3 1/3 you have to count it which is 7 so thats the unit fraction also, unit fraction mean the number in all for the picture.


What does the concept of secured debt mean in finance?

Secured debt is a debt that is guaranteed by the use of collateral. If the debt is not repaid, the creditor has the right to take the collateral from the borrower.


What is the fractional horsepower motor?

I think you mean kW, not kwh. Fractional just means less than one.


What does the concept perpetual succession mean?

Perpetual succession refers to the idea that a corporation or organization has ongoing existence beyond the lifetimes of its members. This concept allows for the seamless transfer of ownership and management from one generation to the next, ensuring continuity and stability.


What do you do when finding the mean and the number has a remainder?

You incorporate the fractional remainder into the mean. The mean does not have to be a whole number.


What do the fractional numbers on a bank check mean?

Use your brains.


Fractional notation of 95?

makes no sense..do you mean 95%


What does the term total cost of ownership mean?

The term total cost of ownership means the following; a financial estimate, the term used to help the consumer and enterprise managers to know the cost of the product directly or indirectly, and a management account concept that is used in full cost accounting.


What does possesstion mean?

Meaning someone own's something such as 'jacob own this pen' or using a apostrophes 'thats jacob's locker'.


Mean of charity ownership?

be quiet


What is the possessive form of the word FINANCE?

The possessive form for the noun finance is finance's. However, the term finance is a concept noun. The noun as a possessive would only be used as the study or field of finance.* It is possible to use the plural noun "finances" to mean someone's personal financial dealings. In that case, the plural possessive could be used, as in His finances' collapse led to his breakdown. However, the adjective form is probably better (His financial collapse) or the avoidance of the possessive (The collapse of his finances).


What does subtotal mean in finance?

Zzfg