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单词 fractional share
释义
  • Business

fractional sharenoun [ C ]

ukusFINANCE

less than one share given to a shareholder, for example, in a scrip issue (= a situation in which a company creates new shares and gives them to shareholders):

Because corporations do not issue certificates including fractional shares, the stockholder would receive one share and the cash equivalent for the fractional share.
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更新时间:2024/11/11 14:24:36