Condominium – An apartment building (in which each apartment is individually owned and common areas are jointly owned so residents pay shared upkeep)
To remember the definition of the word condominium, use the following mnemonic:
I condone a minimum (condominium) extra charge for looking after my property and amenities.
Examples of condominium in a sentence
We visited a holiday condominium on the Riviera.
They rent out their condominium to skiers during the winter.
Condominium ownership was introduced in the U.S. in 1961 and has since been widely adopted.