Ownership of a property or business that is shared by two or more people or organizations.
the land is in joint ownership
joint ownership can have considerable legal and tax benefits
Example sentencesExamples
He lost a $20 million arbitration grievance accusing Stone of breaching their joint ownership agreement.
She said she would advise anyone considering joint ownership to do the same.
On both occasions he failed to declare a bank account and joint ownership of a property in Bristol.
In cases of joint ownership, it is important to be clear about the amount of capital each party puts forward and the amount borrowed by each.
Although nominally the enterprise is under the joint ownership of the government and the people, in reality the government has complete power and authority.
Joint ownership would allow for a national service, instead of it being controlled by just one cable company.
He did as his father had suggested and had joint ownership with his brother.
We have a very clear vision of how we want West Ham United to operate under our joint ownership.
Joint ownership confers 100% potential ownership on each joint owner.
He later succumbed to pressure from his lawyers and switched his shares back to joint ownership.
Definition of joint ownership in US English:
joint ownership
noun
Ownership of a property or business that is shared by two or more people or organizations.
the land is in joint ownership
joint ownership can have considerable legal and tax benefits
Example sentencesExamples
She said she would advise anyone considering joint ownership to do the same.
Joint ownership would allow for a national service, instead of it being controlled by just one cable company.
Joint ownership confers 100% potential ownership on each joint owner.
Although nominally the enterprise is under the joint ownership of the government and the people, in reality the government has complete power and authority.
He did as his father had suggested and had joint ownership with his brother.
We have a very clear vision of how we want West Ham United to operate under our joint ownership.
In cases of joint ownership, it is important to be clear about the amount of capital each party puts forward and the amount borrowed by each.
He lost a $20 million arbitration grievance accusing Stone of breaching their joint ownership agreement.
On both occasions he failed to declare a bank account and joint ownership of a property in Bristol.
He later succumbed to pressure from his lawyers and switched his shares back to joint ownership.