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.
subscription right. Definition. The right of current shareholders to maintain their fractional ownership of a company by buying a proportional number of shares of any future issue of common stock. Most states consider preemptive rights valid only if made explicit in a corporation's charter. also called subscription privilege or preemptive right.