Definition

Verb phrase: To be transferred to another owner; to pass from one owner to a different one. This phrase describes the action of property, a business, or an asset moving from the possession of one person or entity to another.

Usage

This phrase is typically used in passive constructions or with inanimate subjects. It is most commonly applied to businesses, real estate, and valuable assets. * The subject is the item or property that is being transferred. * It often implies a formal or commercial transaction.

Examples

• Business Context:
• Real Estate Context:
• General Asset Context:

Advanced Usage

• "to change hands": This is a very common synonym for "change owners." It is often used interchangeably, though "change hands" can sometimes imply a quicker or less formal transfer.
  • The company changed hands in a multi-million dollar deal.

Variants and Related Words

• Change of ownership (noun phrase): The event or process of ownership being transferred.
  • The change of ownership was finalized last week.
• Transfer (verb): A more general term for moving something from one place or person to another.
• Be sold (verb phrase): Specifically implies a purchase transaction, which is a common way for ownership to change.

Synonyms

• Be transferred
• Change hands
• Be sold
• Pass to new owners

Related Phrases

• Under new ownership/management: A phrase used to indicate that a business has recently changed owners.
  • The store is now under new ownership and has been completely renovated.

Verb

1. be transferred to another owner
   • This restaurant changed hands twice last year