condo
n.-
1 owned apartment (n.) B1 Intermediate American Englishan apartment in a building that you own yourself, while sharing common areas like the pool or gym with other owners.
an individually owned housing unit within a multi-unit building or complex, where common areas are jointly owned and maintained.
ExampleThey decided to buy a small condo near the beach for their summer holidays.
ExampleAfter years of renting in the city, she finally invested in a two-bedroom condo that offered both a private balcony and access to a communal rooftop garden.
UsageCountable noun; often used as a modifier in phrases like 'condo fees' or 'condo association'.
Teacher's tipThis term is standard in American and Canadian English; British English speakers typically use 'flat' or 'apartment' regardless of ownership structure.
Shortening of condominium.