Dictionary of Business Terms: homeownership
homeownership
state of living in a structure that one owns; contrast with being a renter or tenant in one's home.
Dictionary of Real Estate Terms: homeownership
homeownership
the state of living in a structure that one owns. Contrasted with being a renter or tenant in one's home.
Example: Homeownership is a goal of many families. It provides security from the decisions of landlords, pride of ownership, and investment advantages in exchange for undertaking the responsibilities of a property owner.
