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You can share valuable assets with like-minded people through fractional ownership of property.
Financial and business terms. 2012.
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 Ownership — Percentage ownership in an asset. Fractional ownership shares in the asset are sold to individual shareholders who share the benefits of the asset such as usage rights, income sharing, priority access and/or reduced rates. The usage benefits that … Investment 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 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
