condominium

UK: ˌkɒndəˈmɪniəm | US: ˌkɑːndəˈmɪniəm

Definition
  1. n. a system of joint ownership, especially of an apartment or building by its residents

  2. n. an apartment or building jointly owned by its residents

  3. n. (legal) a territory under the joint control of multiple sovereign powers

Structure
con <together>domin <control>ium <noun suffix>
Etymology

condominium = con<together> + domin<control> + ium<noun suffix>

  • con (Latin: "together")
  • domin (Latin: "control," from dominus meaning "master" or "lord")
  • ium (Latin noun suffix indicating a place or state)

Etymology Origin:
The word condominium originates from Latin con- (together) + dominium (ownership, control). It originally referred to shared sovereignty over a territory (e.g., colonial rule by multiple powers). In the mid-20th century, it evolved to describe privately owned housing units within a shared building—reflecting the idea of "joint control" by residents over common spaces while owning individual units.

Examples
  1. They bought a condominium in downtown Miami.

  2. The condominium association voted to renovate the lobby.

  3. The two nations established a condominium over the disputed island.

  4. Living in a condominium offers amenities like a gym and pool.

  5. The condominium fees cover maintenance and security services.