condominium: Meaning and Definition of

con•do•min•i•um

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.
1. joint sovereignty over a territory by several states.
2. the territory itself.
4. joint or concurrent dominion.