absentee ownership

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English

English Wikipedia has an article on:
Wikipedia

Pronunciation

  • Lua error in Module:parameters at line 333: Parameter 1 should be a valid language or etymology language code; the value "US" is not valid. See WT:LOL and WT:LOL/E. IPA(key): /ˌæb.sn̩ˈti ˈoʊ.nɚˌʃɪp/

Noun

absentee ownership (countable and uncountable, plural absentee ownerships)

  1. (economics, business, uncountable) Ownership of business or property by parties rarely present.
    The property lapsed into disrepair under decades of absentee ownership.
    The numerous absentee ownerships made it difficult for the owners to make common cause.
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