Fractional
(adjective)
- Relating to, being, or expressed as a fraction.
- Small or limited in size or amount.
- Relating to or denoting an ownership structure in which an asset, especially a large and expensive one, such as a yacht or private jet, is owned collectively by a group of individuals who share the costs, benefits, and usage rights.
Origin:
Late 16th century: from latin fractionalis, from fractio(n-) "a breaking".
Examples:
- The number was expressed as a fractional value of the whole.
- The fractional ownership structure allowed the group to afford a luxury yacht.
- The fractional reserve banking system meant that only a fraction of the deposits were kept in reserve.
- The fractional laser treatment was minimally invasive and had quick recovery time.
- The fractional amount of rainfall was not enough to bring relief to the drought-stricken region.