common ownership Meaning in the Cambridge English Dictionary

Meaning of “common ownership” in the English Dictionary

"common ownership" in Business English

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common ownershipnoun [U]

uk   us  
LAW a ​situation in which several ​relatedcompanies, etc. are ​owned by one ​person or ​organization: The BBC ​offers a ​variety of ​opinions despite common ​ownership of all its ​channels. The ​agreement would reunite Portland's NBA ​franchise with its ​arena under common ​ownership.
(also ownership in common) PROPERTY a ​situation in which a ​home or other ​property is ​owned by more than one ​person or ​organization
(Definition of common ownership from the Cambridge Business English Dictionary © Cambridge University Press)
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