Fractional unit

Related to Fractional unit: proper fraction, complex fraction, common fraction
the unit of a fraction; the reciprocal of the denominator; thus, ¼ is the unit of the fraction

See also: Unit

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
The reverse split will affect all common and subordinated unitholders uniformly and will not alter unit classes or ownership interests in the company, except to the extent that the reverse split results in any of the company's unitholders owning a fractional unit. No fractional units will be issued in connection with the reverse split.
Tokenization is the process of converting an asset into a fractional unit called "token" that can be moved, recorded, or stored on a blockchain.
These insights include: the two unique photon structures which are dark energy and dark matter; how construction of a double- quark unit between elements is the universal fusion mechanism splicing together lighter elements into heavier ones; how General Relativity Theory and Quantum Mechanics are reconciled; and how each of the forces (strong, weak, electromagnetic) is a minute fractional unit of the gravity force; among other ideas.
has made a $9.4 million preferred-equity investment in a Four Seasons-flagged hotel, condo and fractional unit development under construction in Vail Village, Colorado.
"Long-term Persistence in the Real Interest Rate: Some Evidence of A Fractional Unit Root," International Journal of Finance and Economics, 2, 1997, pp.
Sowell, F, 1990, "The Fractional Unit Root Distribution", Econometrica, 58, no 2, 495-505.
"The Fractional Unit Root Distribution," Econometrica, 58, 1990, pp.
Rather, 4 in the denominator should signify the fractional unit that is obtained when the whole is partitioned into four parts.
The transfer agent will not distribute any fractional SPH common units and those unitholder entitled to receive a fractional unit will instead receive a cash payment equal to the value of such fractional unit as per the market price of the SPH common units.