A form of housing where the residents are co-owners of a housing complex, usually an apartment block or a group of multi-familiy homes, where the co-ownership grants the right to inhabit one housing unit and the obligation to maintain that unit. Common facilities and outer maintenance is funded by a set monthly fee that is paid by all co-owners.
a commercial enterprise run for the benefit of its owners
a jointly owned commercial enterprise (usually organized by farmers or consumers) that produces and distributes goods and services and is run for the benefit of its owners
