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


  1. ownership(Noun)

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


  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


  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. Jeff Bock:

    'Star Wars' fans want ownership of this record.

  2. De Blasio:

    What the ownership of Chick-fil-A has said is wrong.

  3. Dan Kavanaugh:

    We shared ownership from the beginning of starting the company.

  4. Justin Anderson:

    It's not a question of ownership, it's about custody and control.

  5. Thilo Koslowski:

    I think we will see more consumer demand for alternative ownership in 2016.

Images & Illustrations of ownership

  1. ownershipownershipownership

Translations for ownership

From our Multilingual Translation Dictionary

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"ownership." Definitions.net. STANDS4 LLC, 2018. Web. 25 Feb. 2018. <https://www.definitions.net/definition/ownership>.

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