Meaning Fractional Ownership
What does Fractional Ownership mean? Here you find 5 meanings of the word Fractional Ownership. You can also add a definition of Fractional Ownership yourself

1

0 Thumbs up   0 Thumbs down

Fractional Ownership


An arrangement where a number of people or companies each buy a percentage of an expensive asset, such as a property. The individual owners then share the asset, and when it is sold the [..]
Source: businessballs.com

2

0 Thumbs up   0 Thumbs down

Fractional Ownership


Leisure real estate sold in intervals of more than one week and less than whole ownership.  Fractionals are usually associated with the luxury segment of vacation ownership, offering greater services [..]
Source: arda.org

3

0 Thumbs up   0 Thumbs down

Fractional Ownership


Fractional ownership is partial ownership of a property. In this kind of ownership, a property is owned and shared by more than one individual. Such ownership is common with real property. In fraction [..]
Source: definitions.uslegal.com

4

0 Thumbs up   0 Thumbs down

Fractional Ownership


Several companies jointly purchase an aircraft to reduce costs. A management company normally provides the crew, maintenance, ground support, insurance, record keeping and overall operation of the air [..]
Source: avquestinsurance.com

5

0 Thumbs up   0 Thumbs down

Fractional Ownership


Multiple week ownership at the same resort– 2 or more weeks of timeshare ownership for use in one calendar year. This term usually implies a more upscale, luxurious product that normal timeshare resorts provide, with prices to match.
Source: insidethegate.com (offline)





<< Footer Freeconomics >>

Dictionary.university is a dictionary written by people like you and me.
Please help and add a word. All sort of words are welcome!

Add meaning