1.
membership; membership rights
A legal right to use a club's facilities, especially a golf course, resort, or fitness club. In Japan often a transferable asset that can be bought, sold, or inherited.
ゴルフの会員権を買った。
I bought a golf membership.
会員権の価格が下がっている。
Membership prices are falling.
リゾートクラブの会員権を譲り受けた。
I took over a resort club membership from someone.
Compound of 会員 (member) + 権 (right). In Japan, particularly associated with golf course memberships, which historically functioned as financial assets and traded at high prices during the bubble economy.
COMMON COLLOCATIONS:
- ゴルフ会員権: golf membership
- 会員権を買う / 売る: to buy/sell a membership
- 会員権相場: market price of memberships
- 法人会員権: corporate membership
SIMILAR WORDS:
- 会員: member — the person, not the right
- メンバーシップ: membership — loanword; more often used for digital subscriptions