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asunto-osakeyhtiö. In DICTIOUS you will not only get to know all the dictionary meanings for the word
asunto-osakeyhtiö, but we will also tell you about its etymology, its characteristics and you will know how to say
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Finnish
Etymology
asunto + osakeyhtiö
Pronunciation
- IPA(key): /ˈɑsuntoˌ(ʔ)osɑkeˣˌyhtiø/,
- Rhymes: -yhtiø
- Hyphenation(key): asunto‧osake‧yhtiö
Noun
asunto-osakeyhtiö
- (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.
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