common ownership
Frequency: 6.05.9 per million words
property owned by two or more individuals together
Categories:
Examples (10)
- The park is held in common ownership by the local residents.
- Under common ownership, all members of the community have a stake in the land.
- The group decided to place the equipment under common ownership to reduce costs.
- Historical records show that the forest was once in common ownership.
- The philosophy of the cooperative is based on the principle of common ownership.
- They argued that resources like water should be subject to common ownership.
- In this legal structure, the assets are considered common ownership of the partners.
- The move toward common ownership was seen as a way to increase equality.
- Many indigenous cultures have a long tradition of common ownership of hunting grounds.
- The agreement establishes common ownership of all intellectual property created during the project.