undivided interest

  

Definition

Claim of ownership of commonly-owned assets or property (as in a corporation, partnership, or tenancy-in-common) where each co-owner has unrestricted claim to all the assets or the entire property but no co-owner has exclusive claim to any single asset or part of the property. Also called undivided share.

Related Videos




http://www.businessdictionary.com/definition/undivided-interest.html

Have a question about undivided interest? Ask for help in the
Community
advertise here

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z