Meaning of absentee ownership | Babel Free
/ˌæb.sn̩ˈti ˈoʊ.nɚˌʃɪp/Definitions
Ownership of business or property by parties rarely present.
uncountable
Examples
“The property lapsed into disrepair under decades of absentee ownership.”
“The numerous absentee ownerships made it difficult for the owners to make common cause.”
CEFR level
B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
This word is part of the CEFR B2 vocabulary — upper intermediate level.