fractional
1
6.1
- adjective
- /ˈfrækʃənl/
- Specialized
:
fraccionario
- If they want dollar velocity, they have a big enough monetary base there now to create a fractional dollar-denominated monetary system three times US GDP.
- fractional horsepower
Examples
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The gold standard for centuries kept fractional reserve banking in golden chains.
Blog text (30) -
They use fractional reserve currency and inflation of the money supply.
Blog text (30) -
In some cases you can even buy fractional shares of an ETF.
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This process of loaning out far more money than a bank actually has, as cash on hand, is called fractional reserve banking.
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What people don't realize sometimes, because it doesn't make the newspapers, is the long history of successful stable fractional reserve banking systems.
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This means using Otis you can have fractional ownership for as little as a dollar in NFTS or Pokémon cards.
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I have been persuaded by the idea that the monetary system of the USA, Federal Reserve fractional reserve lending at interest (FRFRLI) is fundamentally parasitic and can only fail or ultimately produce a poisonous fruit: terminal debt.
Blog text (8) -
While Mints (1950, p. 6) advocated 100 percent reserves for checkable deposits, he recognized that his logic applies equally to a system that allows currency to be issued against fractional reserves.
Academic text (1991) -
You can invest in real estate through fractional ownership, allowing you to buy a share of a property instead of the whole thing.
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Many investors prefer fractional shares, which let them buy portions of expensive stocks without spending a large amount of money.
Synonyms
Relating to coins that are only a small part of a country's money
Compounds
- Archaic
Paper money that is worth less than one unit of a country's money and is used like coins
- Specialized
A process that separates a liquid mixture into parts by heating and cooling using their different boiling points
- Specialized
A small coin or unit worth one hundredth of the main unit of money
- Specialized
A method that heats a mixture to separate parts by their boiling points
- Jargon
A sailing setup where the front sail, like a jib, does not reach the top of the mast
Surface Forms
Morphology
Etymology
Fractional comes from the Latin frangere 'to break' and the idea of a fraction as a 'broken' piece. So, fractional money means coins or notes that are just parts of the main money unit and are worth less than the whole unit.