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.
Fractional-reserve banking is the practice whereby a bank accepts deposits, and holds reserves that are a fraction of the amount of its deposit liabilities.Reserves are held at the bank as currency, or as deposits in the bank's accounts at the central bank.hen the reserve rate is 20%, as in the example above, the maximum amount of total deposits that can be created is $500 and the maximum increase in the money supply is $400. For an individual bank, the deposit is considered a liability whereas the loan it gives out and the reserves are considered assets.