Meaning of THOKDAR

THOKDAR

Language - Tamil

Tamil Word - தொக்தர்

A shareholder or part-owner of a property or business, holding a portion of its ownership rights. Example: The 'thokdars' of the ancestral property decided to sell it and divide the proceeds among themselves. This term emphasizes the concept of shared ownership and the complexities that can arise when multiple individuals or entities have a stake in a property. It also highlights the importance of clear agreements and legal documentation to manage shared ownership arrangements.