单词 | assume ownership |
释义 | assume ownership When a big bank gets into trouble, the shareholders lose their money first, then the bondholders - those that have lent it money - lose their investment but assume ownership. Times, Sunday Times He assumed ownership again in 2003, stepping down from management in 2005 when the club were relegated to the fourth tier. Times, Sunday Times Two years later he assumed ownership of the mill and independently managed it, together with the adjacent farm. Retrieved from Wikipedia CC BY-SA 3.0 From 1886 to 1913, the mansion served as an orphanage until the state assumed ownership. Retrieved from Wikipedia CC BY-SA 3.0 The bonds were paid in 2001 and the state assumed ownership, though it required years to do the paperwork to change title. Retrieved from Wikipedia CC BY-SA 3.0 |
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