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单词 fractional share
释义
fractional share
noun [ C ]
  FINANCE ukus
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:2024/9/21 15:49:15