Definitions for ownershipˈoʊ nərˌʃɪp
This page provides all possible meanings and translations of the word ownership
Random House Webster's College Dictionary
the state or fact of being an owner.
legal right of possession; proprietorship.
Origin of ownership:
the relation of an owner to the thing possessed; possession with the right to transfer possession to others
the act of having and controlling property
the state or fact of being an owner
Kernerman English Learner's Dictionary
the fact of owning sth
a dispute over ownership of the land; a business under new ownership
The state of having complete legal control of the status of something.
Ownership of property may be private, collective, or common and the property may be objects, land/real estate, or intellectual property. Determining ownership in law involves determining who has certain rights and duties over the property. These rights and duties, sometimes called a 'bundle of rights', can be separated and held by different parties. The question of ownership reaches back to the ancient philosophers, Plato and Aristotle, who held different opinions on the subject. Plato thought private property created divisive inequalities, while Aristotle thought private property enabled people to receive the full benefit of their labor. Private property can circumvent what is now referred to as the “tragedy of the commons” problem, where people tend to degrade common property more than they do private property. Given a short-sighted owner, however, a private property system can make these tragedies worse—for example, a private owner of a piece of oil-rich property, depending on his worldview, might be more interested in short-term financial gain than incremental use with an eye toward other's concerns. While Aristotle justified the existence of private ownership, he left open questions of how to allocate property between what is private and common and how to allocate the private property within society.
U.S. National Library of Medicine
The legal relation between an entity (individual, group, corporation, or-profit, secular, government) and an object. The object may be corporeal, such as equipment, or completely a creature of law, such as a patent; it may be movable, such as an animal, or immovable, such as a building.
Translations for ownership
Kernerman English Multilingual Dictionary
- eiendom, eiendomsreg, eienaarskapAfrikaans
- propriedadePortuguese (BR)
- das EigentumsrechtGerman
- (droit de) propriétéFrench
- það að vera eigandi; eignarrétturIcelandic
- nuosavybė, nuosavybės teisėLithuanian
- īpašumtiesības; īpašumsLatvian
- eie, eiendomsrettNorwegian
- (drept de) proprietateRomanian
- ägarskap, äganderätt, ägoSwedish
- 所有權Chinese (Trad.)
- власність; право власностіUkrainian
- quyền sở hữuVietnamese
- 所有权Chinese (Simp.)
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