A periodic fraction is equivalent to a Series in which the terms are fractions and the pattern of the terms repeats.
If we exclude the case where the period is a non-zero fraction, a periodic fraction expresses a rational number that is not a decimal number.
Example
The fraction 227 is a periodic fraction because:227=741000+741 000 000+… which we can also write as: 227=0.074074074…=0.¯074.