The study of fractional self-iterations of a map. A basic example is the analysis of functional square roots of a map $g$, i.e. solutions $f$ to the functional equation $f\circ f=g$ are functional square roots and solutions to $f^n=g$ are functional nnth roots.
The continuous version of fractional iteration concerns maps which have flows. This case is also known as continuous iteration. A classic example is the problem of extending tetration to the real and complex numbers.