Fractionals

The governor has ten appointees on the board, plus fractionals. ❋ Unknown (2010)

Unlike time shares or fractionals, which give owners a limited ownership interest in a specific property, destination-club members don't own anything -- instead, they get the right to use the club's 300 vacation homes, located at 35 hot destinations (from Manhattan and Beaver Creek, Colo., to Costa Rica) for up to 45 nights a year. ❋ Unknown (2007)

And because of the exchange opportunities some fractionals offer, it can also be seen as a hybrid of cottage life and the exotic overseas resort. ❋ GARY MAY (2011)

Racing aficionados are buying fractionals in thoroughbreds. ❋ Unknown (2010)

The number of transactions involving fractionals increased 19 percent, from 228 in 2008 to 272 last year. ❋ Scott Condon The Aspen Times Aspen (2010)

Total sales by fractionals were $181.88 million, or 260 percent over 2008, according to Land Title Guarantee Co. ❋ Scott Condon The Aspen Times Aspen (2010)

"This is the first time in this industry there is an alternative to fractionals," he says. ❋ Unknown (2010)