Participation fraction
A participation fraction is the portion of ownership held in a particular business or property, established through the terms of a joint venture agreement. This agreement outlines the conditions of the business, such as profit and loss distribution. Each contract may include specific conditions and details for the property or business in question. Therefore, it is accurate to say that each business has a unique and distinct fraction.
It is important to note that fractions can only be acquired once the contract is signed. If you wish to learn more about the contract, you may consider investing in the specific product and reviewing its terms.