Meaning of “condominium” in the English Dictionary

"condominium" in American English

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condominiumnoun [ C ]

us /ˌkɑn·dəˈmɪn·i·əm/ short form condo, /ˈkɑn·doʊ/

an apartment in a building in which each apartment is owned separately by the people living in it, or a building having such apartments

(Definition of “condominium” from the Cambridge Academic Content Dictionary © Cambridge University Press)

"condominium" in Business English

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condominiumnoun [ C ]

uk /ˌkɒndəˈmɪniəm/ us PROPERTY

an apartment building in which each apartment is owned separately by the person or people living in it:

a condominium building
The harbor is the site for a new luxury condominium development.

also informal condo an individual apartment in such a building:

Search our website to find new condos for sale.

(Definition of “condominium” from the Cambridge Business English Dictionary © Cambridge University Press)