Champion: Melody Sachko (Pittsburgh)
Definition: (n.) 1) A building in which each unit is owned by an individual, but the entire structure and grounds are owned jointly. 2) A unit within such a building. Often shortened to “condo.”
Used in a Business page sentence: Condominium prices weren’t spared in the housing crisis, though there are signs of recovery in some of the harder hit areas of the country, like south Florida.