absentee's property

assets of people who are not present, property belonging to people whose whereabouts are unknown

English contemporary dictionary. 2014.

Look at other dictionaries:

  • Absentee landlord — is an economic term for a person who owns and rents out a profit earning property, but does not live within the property s local economic region.CriticsWho|date=April 2008 of this practice argue that absentee landlords drain local wealth,… …   Wikipedia

  • absentee landlord — ➔ landlord * * * absentee landlord UK US noun [C] ► PROPERTY a person who rents a property to someone, but who does not live in or visit the property: »Absentee landlords who fail to maintain their properties are bringing down property prices in… …   Financial and business terms

  • Property — is any physical or virtual entity that is owned by an individual. An owner of property has the right to consume, sell, mortgage, transfer and exchange his or her property.cite web|url=http://www.businessdictionary.com/definition/property.html|titl… …   Wikipedia

  • absentee landlord — n. A landlord who resides so far from the leased real property that his is not, or is not expected to be, readily available to personally address any problems concerning the property. Webster s New World Law Dictionary. Susan Ellis Wild. 2000 …   Law dictionary

  • absentee — [ab΄sən tē′] n. a person who is absent, as from work, school, etc. adj. designating or of a landlord or owner whose personal residence is distant from any other property owned, esp. from such property rented to another …   English World dictionary

  • absentee landlord — a landlord who owns but is not resident in a property. * * * noun, pl ⋯ lords [count] : someone who owns and rents property but does not live on or near the property and rarely visits it * * * ˌabsentee ˈlandlord [absentee landlord] noun a person …   Useful english dictionary

  • Absentee Owner — An individual who owns a piece of real estate but does not live in it. An absentee owner may also be an entity such as a corporation or real estate investment trust (REIT). The real estate held by an absentee owner can range widely while an… …   Investment dictionary

  • 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… …   Universalium

  • absentee ownership — noun a) A state of ownership by parties rarely present. The property lapsed into disrepair under decades of absentee ownership. b) A property owned by parties rarely present. The numerous absentee ownerships made it difficult for the owners to… …   Wiktionary

  • absentee landlord — UK / US noun [countable] Word forms absentee landlord : singular absentee landlord plural absentee landlords someone who does not live in or visit very frequently a property that they rent to someone else …   English dictionary

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