condominium: Meaning and Definition of


Pronunciation: (kon"du-min'ē-um), [key]
— n.
  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.
  3. joint or concurrent dominion.
Random House Unabridged Dictionary, Copyright © 1997, by Random House, Inc., on Infoplease.
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