Definition of "condominium"

condominium

/kɒn.dəˈmɪn.ɪ.əm/

noun
plural condominiums or condominia
1. Joint sovereignty over a territory by two or more countries.
  Quotations
  The strategic location of the condominiums […] made them important for the Confederacy's territorial integrity even if they produced little revenue.
  2013, Clive H. Church, Randolph C. Head, A Concise History of Switzerland, Cambridge, page 76
  1. A region or territory under such rule.
2. (US, Canada, Philippines) A building or complex of buildings that provides multiple residential units each of which is owned separately but whose grounds, structure, etc. (if any) are owned jointly.
  1. (US, Canada, Philippines) The system of ownership by which such condominiums operate
  2. (US, Canada, Philippines) An individual unit (such as an apartment) in such a complex.
  3. The legal tenure involved.