change of ownership - definition in the Business English Dictionary - Cambridge Dictionaries Online

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English definition of “change of ownership”

change of ownership

noun [C or U]
 
 
( plural changes of ownership)
LAW a legal process 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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