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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 related companies, 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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“common ownership” in Business English

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