asunto-osakeyhtiö

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Finnish

Etymology

asunto +‎ osakeyhtiö

Pronunciation

  • IPA(key): /ˈɑsuntoˌ(ʔ)osɑkeˣˌyhtiø/,
  • Rhymes: -yhtiø
  • Hyphenation(key): asunto‧osake‧yhtiö

Noun

asunto-osakeyhtiö

  1. (law) A legal entity, peculiar to Finnish law, for ownership and management of a residential building in which real property is owned jointly by a limited liability corporation and the right to control and use each unit is tied to ownership of a particular set of shares; quite close to condominiums in the United States.
    Synonyms: taloyhtiö (more common in everyday use), as.oy (abbreviation)

Usage notes

  • asunto-osakeyhtiö is the official Finnish term for this concept. The official translation into English is "limited liability housing company". However, the term appears to be unknown in the English-speaking part of the world.

Declension

Possessive forms of asunto-osakeyhtiö (Kotus type 3/valtio, no gradation)

Derived terms

compounds

See also

Further reading