Definitions from the Web
Term: Co-owner
Description:
A co-owner refers to an individual who shares ownership or rights with one or more people in a particular property, business, or organization. Co-owning implies joint responsibility, decision-making, and entitlement to a portion of the assets or profits.
Sample sentences:
- John and Sarah are co-owners of the house they purchased last year.
- The company is jointly owned by three co-owners, each with an equal share.
- Being a co-owner of the gallery, Lisa has the authority to make decisions regarding the displayed artworks.
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