Meaning of ABSENTEE OWNERSHIP in English
- ABSENTEE OWNERSHIP
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. 2012