Fraction
/ˈfræk.ʃən/
Definitions
- (n.) A numerical quantity that is not a whole number, representing a part of a whole.
The contract specifies a fraction of the royalties to be paid to the author.
- (n.) A portion or segment of something, especially an ownership interest or share.
He owns a fraction of the property through a joint tenancy.
Forms
- fractions
Related terms
See also
Commentary
In legal usage, 'fraction' often refers to a proportional part of rights, ownership, or amounts, distinct from absolute quantities.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.