employee-run management; employee ownership system
A business management style where employees take on ownership-like responsibility and decision-making, rather than top-down control. Wasei-eigo from 'owner system'.
wasei-eigo (Japanese-coined English), from owner system
This company has introduced an employee ownership system, and each employee participates in management.
owner-managed property; joint management by owners
Used for condominiums, apartment blocks, or shared facilities where the owners collectively manage the property instead of hiring an external management company.
This apartment building is managed under an owner system, with residents running it voluntarily.
Variant with a middle dot; less common in running text.
Wasei-eigo (Japanese-made English) from 'owner' and 'system'. The term is not used in English with these specific meanings.