Personal Trainer Certification. An exercise science degree is not required to pursue a career as a personal trainer or exercise instructor. Depending on the program, the minimum requirements usually involve being at least 18 years of age and possessing a high school diploma.
What is a 'Fractional Share'. A fractional share is a share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar corporate actions. Normally, fractional shares cannot be acquired from the market, and while they have value to the investor, they can be difficult to sell.
In this case, you should get an extra 1.5 shares, which would be 4.5 shares total. Normally, you can't buy half a share in the stock market, but in this case, you could end up with a fractional share. Most companies tend to round up to the nearest whole number of shares when fractional shares occur.In the above example, XYZ Corp. could opt to round up the 0.5 share to leave you with a full five shares.EFINITION of 'Fractional Share'. A share of equity that is less than one full share. Fractional shares usually come about from stock splits, dividend reinvestment plans (DRIPs) and similar corporate actions.