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Definition of condominium noun from the Oxford Advanced American Dictionary

 

condominium

 noun
noun
NAmE//ˌkɑndəˈmɪniəm//
 
(informal condo)
 
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an apartment building in which each apartment is owned by the person living in it but the building and shared areas are owned by everyone together; a apartment in such a building
See the Oxford Advanced Learner's Dictionary entry: condominium