Thing

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. Typically, a company manages the asset on behalf of the owners, who pay monthly/annual fees for the management plus variable (e.g. per-hour, per-day) use fees.

About the author

RICHTOPIA

RICHTOPIA

Information to enrich your life.

WELCOME TO RICHTOPIA

FREE MEMBERSHIP

Get special new reports and never miss an update again ...

Join 75,692 other subscribers.

  • 2,657,280 all-time users
Advertisement
As Seen On Forbes
Advertisement