absentee ownership
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English[edit]
Pronunciation[edit]
Noun[edit]
absentee ownership (countable and uncountable, plural absentee ownerships)
- (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.