Longman Dictionary English From Longman Business Dictionaryfractional shareˈfractional ˌshare [countable]FINANCE a part of a share that a shareholder may receive, for example in a SHARE DIVIDEND (=where a payment to shareholders is made in the form of new shares) or STOCK SPLIT (=when shares are divided into smaller units). Shareholders are often offered cash instead of fractional shares → share ldoceonline.com
