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cross-ownership UK US noun [U] FINANCE
► the situation in which two companies hold shares in each other: »
The two automakers hope that cross-ownership of each other's stocks will help to shore up their businesses during the economic downturn.
► the fact of one company owning or controlling two or more companies with related interests, especially in the news and broadcasting industries: »
The proposal would partially lift a 35-year-old ban on the cross-ownership of newspapers and broadcast stations.
»cross-ownership restrictions/rules
Financial and business terms. 2012.