ABSENTEE OWNERSHIP


Meaning of ABSENTEE OWNERSHIP in English

Ownership of land by those who do not live on it but who enjoy income from it.

Criticized for centuries as an economic injustice, absentee ownership was a feature of pre-Revolutionary France and English rule of Ireland. Ending the practice continues to be a goal of land reform programs in many developing countries.

Britannica Concise Encyclopedia.      Краткая энциклопедия Британика.