common ownership

Shared property rights

Common ownership is a property arrangement where multiple parties share rights to an asset rather than any individual holding exclusive title.

The term appears in discussions of communal land, cooperative enterprises, and socialist theory: The community held the forest in common ownership.

In legal contexts, it often refers to jointly held property among family members or business partners.

Opposites
number of owners

common ownershipsole proprietorship

Unincorporated individual-owned business

individual ownership · sole ownership · private ownership · private property · personal property

public versus private control

common ownershipprivate ownership

Individual control of assets

private property · privatization · corporate ownership

economic system

common ownershipprivatization

State sells public assets

private enterprise · capitalism · enclosure · free market economy · market economy

Family

common, owner, owned, uncommon, ownership, owners, owning, owns, commons

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Used worldwide · Timeless · Abstract · Rated G