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.
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