Absentee Ownership

Pronunciation: /ˌæbsənˈti ˈoʊnərˌʃɪp/

Definitions of absentee ownership

noun a form of ownership in which the owner does not reside on or personally manage the property or business

Example Sentences

A1 Absentee ownership means owning property without being physically present.

A2 In some cases, absentee ownership can lead to neglect of the property.

B1 Many vacation homes are examples of absentee ownership, where the owners only visit occasionally.

B2 Investors often engage in absentee ownership of businesses in different countries to diversify their portfolios.

C1 The complexities of absentee ownership require careful legal and financial management.

C2 The debate over the ethics of absentee ownership continues among economists and policymakers.

Examples of absentee ownership in a Sentence

formal Absentee ownership refers to the situation where an individual or entity owns a property but does not reside on or actively manage it.

informal Absentee ownership means owning a property but not being there to take care of it.

slang Having absentee ownership of a place is like being a ghost landlord.

figurative In a way, absentee ownership can make you feel disconnected from your own property.

Grammatical Forms of absentee ownership

• plural: absentee ownerships
• comparative: more absentee ownership
• superlative: most absentee ownership
• present tense: absentee ownership
• future tense: will be absentee ownership
• perfect tense: has been absentee ownership
• continuous tense: is absentee ownership
• singular: absentee ownership
• positive degree: absentee ownership
• infinitive: to absentee ownership
• gerund: absentee ownership
• participle: absentee owning

Origin and Evolution of absentee ownership

First Known Use: 1601 year

Language of Origin: Latin

Story behind the word: The concept of absentee ownership can be traced back to ancient Rome, where wealthy landowners would often have overseers or slaves manage their properties in their absence.

Evolution of the word: Over time, absentee ownership has evolved to encompass various forms of property ownership where the owner does not reside on or actively manage the property, such as in the case of absentee landlords or absentee shareholders.