Fractionally
/ˈfrækʃənəli/
Definitions
- (adv.) In a manner that involves a fraction or partial amount, often referring to proportions or shares in legal contexts such as ownership or liability.
The property was fractionally owned by multiple parties under the agreement.
Related terms
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Commentary
Used to describe extent or degree in legal documents, especially in contexts such as fractional ownership or liability; precision in usage helps clarify partial interests or responsibilities.
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.