change of ownership Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “change of ownership” in the English Dictionary

"change of ownership" in Business English

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change of ownershipnoun [C or U]

uk   us   (plural changes of ownership)
LAW a ​legalprocess that makes someone the ​official new ​owner of a ​property, ​business, or ​vehicle: A Change of Ownership ​notice was ​posted on the restaurant's door.
(Definition of change of ownership from the Cambridge Business English Dictionary © Cambridge University Press)
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