absentee ownership

noun

: ownership especially of corporation stock by one residing elsewhere than in the locality where income is derived

Word History

First Known Use

1832, in the meaning defined above

Time Traveler
The first known use of absentee ownership was in 1832

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Dictionary Entries Near absentee ownership

Cite this Entry

“Absentee ownership.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/absentee%20ownership. Accessed 4 Mar. 2024.

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