# condominium

/ˌkɑndəˈmɪniəm/ (US) · /kˌɒndəmˈɪniəm/ (UK) · CEFR B2 · Noun

Source: https://englishreference.com/word/condominium
Updated: 2026-05-08

## Definition

a building or complex where people own their individual apartments instead of renting them. You share ownership of common areas like the hallways, gym, or pool with the other owners.

For teachers: a building or complex containing a number of individually owned apartments or houses. Ownership typically includes a shared interest in common areas and facilities managed by an association.

## Examples

- She bought a small condominium near the beach.
- The condominium association voted to increase the monthly fees to pay for a new roof and better security.
- While renting offers flexibility, purchasing a condominium allows residents to build equity while avoiding the maintenance responsibilities typically associated with owning a detached single-family home.

## Usage notes

- Often shortened to 'condo' in informal speech and writing.

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