Sentence examples for fractional shared from inspiring English sources

Still, the financial crisis showed that there are flexible and inflexible ways of using business jets: "Ownership and fractional shared ownership can lock in the customer's costs when an economic downturn means less flying, whereas charters avoid that problem," Mr. MacDonald said.

Cash will be paid in lieu of fractional shares.

Instead, Mr. Kelly decided to invest in a fractional share of a private business jet.

Shareholders will receive cash in lieu of fractional shares, the company said.

The company said fractional shares of AOL will not be distributed.

In all about 90 residences and fractional shares are currently available for resale at the resort.

OWNERS of fractional shares in individual homes insist that a shared stake can be ideal for long-term ownership.

"I want to be, but it's still cost effective" to have a fractional share in a private jet.

The units are sold in one-eighth fractional shares, allowing for at least six weeks of use a year.

Mutual funds, by contrast, allow dividends to be reinvested in fractional shares, and the service is generally free.

Fractional share owners grew by almost 1,000 -- to 5,827 -- in the period from 2001 to 2002 alone, according to the National Business Aviation Association.