condominium

American  

[kon-duh-min-ee-uhm] / ˌkɒn dəˈmɪn i əm /

noun

1. an apartment house, office building, or other multiple-unit complex, the units of which are individually owned, each owner receiving a recordable deed to the individual unit purchased, including the right to sell, mortgage, etc., that unit and sharing in joint ownership of any common grounds, passageways, etc.

2. a unit in such a building.

3. International Law.

   1. joint sovereignty over a territory by several states.

   2. the territory itself.

4. joint or concurrent dominion.

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condominium British  

/ ˌkɒndəˈmɪnɪəm /

noun

1. joint rule or sovereignty

2. a country ruled by two or more foreign powers

3. Sometimes shortened to: condo.  Compare cooperative

   1. an apartment building in which each apartment is individually wholly owned and the common areas are jointly owned

   2. the title under which an apartment in such a building is owned

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Other Word Forms

• mini-condominium noun

Etymology

Origin of condominium

1705–15; < New Latin. See con-, dominium

Example Sentences

Today, that only covers the cost of a condominium unit — at best — in many cities.

From MarketWatch

While the properties have been zoned for use as supportive housing for years, they are surrounded by swank condominiums that have sold for as much as $7 million.

From Los Angeles Times

But with construction roughly 80% complete, the borrower decided to redesign the top portion of the apartment building as condominiums.

From The Wall Street Journal

About 250 other structures — duplexes, apartment buildings, condominium complexes — were also destroyed or damaged, those officials said.

From Los Angeles Times

One week before the closing on a 5,300-square-foot condominium in New York City’s Upper East Side, Beth Benalloul, a broker at the Corcoran Group, got a frantic call from the buyer’s agent.

From The Wall Street Journal

Related Words

• apartment
• co-op
• condo
• townhouse