### Question
Can you define what fractional owner means?


### Answer
**Fractional owner** is defined as the following in *26 U.S.C. § 4043*:

> any person owning any interest (including the entire interest) in a fractional program aircraft

#### Citation:
  - *26 U.S.C. § 4043*
  - Heading: **Subtitle D-Miscellaneous Excise Taxes > CHAPTER 31-RETAIL EXCISE TAXES > Subchapter B-Special Fuels**

