Shared Ownership

B1 16+

Pronunciation: /ʃerd ˈoʊnərˌʃɪp/

Definitions of shared ownership

noun a form of ownership where two or more individuals jointly own a property or asset

Example Sentences

A1 Shared ownership means owning a property with someone else.

A2 My friend and I are considering shared ownership of a vacation home.

B1 Shared ownership can be a good option for first-time buyers who can't afford to buy a property on their own.

B2 The couple decided on shared ownership of the business to split the responsibilities and risks.

C1 Shared ownership agreements should be carefully reviewed by legal professionals to avoid any disputes in the future.

C2 The company's shared ownership structure allows employees to have a stake in the business and feel more invested in its success.

adjective describing the type of ownership where ownership is divided among multiple parties

Example Sentences

A1 Shared ownership homes are affordable for many people.

A2 They offer shared ownership schemes for first-time buyers.

B1 The shared ownership agreement allows multiple parties to own a property.

B2 Shared ownership properties often have restrictions on selling or renting.

C1 Shared ownership can be a good way to get on the property ladder.

C2 The shared ownership model is becoming increasingly popular in urban areas.

Examples of shared ownership in a Sentence

formal Shared ownership is a housing arrangement where two or more parties own a property together.

informal My sister and I are considering shared ownership of a vacation home.

slang Let's go in on shared ownership of that beach house.

figurative In a way, our shared ownership of the project's success brought us closer together as a team.

Grammatical Forms of shared ownership

past tense

shared

plural

shared ownerships

comparative

more shared

superlative

most shared

present tense

share ownership

future tense

will share ownership

perfect tense

have shared ownership

continuous tense

is sharing ownership

singular

shared ownership

positive degree

shared

infinitive

to share ownership

gerund

sharing ownership

participle

shared

Origin and Evolution of shared ownership

First Known Use: 1601 year
Language of Origin: English
Story behind the word: The concept of shared ownership likely originated from the idea of communal living and shared resources among early human societies.
Evolution of the word: Over time, the term 'shared ownership' has become more commonly used in the context of property ownership and investment, reflecting a shift towards collaborative and cooperative models of ownership in modern society.