What does ownership mean?

Definitions for ownershipˈoʊ nərˌʃɪp

Here are all the possible meanings and translations of the word ownership.

Princeton's WordNet

  1. ownership(noun)

    the relation of an owner to the thing possessed; possession with the right to transfer possession to others

  2. possession, ownership(noun)

    the act of having and controlling property

  3. ownership(noun)

    the state or fact of being an owner

Wiktionary

  1. ownership(Noun)

    The state of having complete legal control of the status of something.

Freebase

  1. Ownership

    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

  1. Ownership

    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.

British National Corpus

  1. Spoken Corpus Frequency

    Rank popularity for the word 'ownership' in Spoken Corpus Frequency: #3155

  2. Written Corpus Frequency

    Rank popularity for the word 'ownership' in Written Corpus Frequency: #4538

  3. Nouns Frequency

    Rank popularity for the word 'ownership' in Nouns Frequency: #1351

Numerology

  1. Chaldean Numerology

    The numerical value of ownership in Chaldean Numerology is: 6

  2. Pythagorean Numerology

    The numerical value of ownership in Pythagorean Numerology is: 1

Sample Sentences & Example Usage

  1. Carson Block:

    We have tried to find ownership of these forestry assets and have been unable to do so.

  2. Thomas W. Fraser:

    Higher levels of employee brand ownership = higher levels of organisational performance. Its as simple as that.

  3. Andrew Grove, Co-founder and Chairman of Intel Corporation, Only the Paranoid Survive:

    The sad news is, nobody owes you a career. Your career is literally your business. You own it as a sole proprietor. You have one employee: yourself. You need to accept ownership of your career, your skills and the timing of your moves.

  4. Craig Pirrong:

    Once they (the CBOT and the CME) realized the future was electronic, they made the change to a for-profit ownership and public ownership, the electronic revolution essentially forced the change in organizational form on these exchanges.

  5. Pete Stavros:

    In our industrial manufacturing companies, we have endeavored to give everyone an opportunity to participate in the benefits of ownership of their business as we believe it drives a higher level of engagement which can drive break out results.

Images & Illustrations of ownership


Translations for ownership

From our Multilingual Translation Dictionary

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