What does FRX mean in Business?
This page is about the meanings of the acronym/abbreviation/shorthand FRX in the field in general and in the Business terminology in particular.
Fractional
Fidelity uses FRX, as when used in the financial phrase "IN LIEU OF FRX SHARE SPINOFF FROM XXX". Used when fractional shares are not recorded, but you are paid cash instead for what you are owed.This happened when DTE spun-off DTM shares.
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Definition
What does FRX mean?
- fractional(adj)
- constituting or comprising a part or fraction of a possible whole or entirety
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How popular is FRX among other acronyms?
FRX#1#8068#12977
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"FRX." Abbreviations.com. STANDS4 LLC, 2024. Web. 29 Apr. 2024. <https://www.abbreviations.com/term/2591067>.
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