What does ownership mean?

Definitions for ownership
ˈoʊ nərˌʃɪpown·er·ship

This dictionary definitions page includes all the possible meanings, example usage and translations of the word ownership.

Princeton's WordNet

  1. ownershipnoun

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

  2. possession, ownershipnoun

    the act of having and controlling property

  3. ownershipnoun

    the state or fact of being an owner

Wiktionary

  1. ownershipnoun

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

Samuel Johnson's Dictionary

  1. Ownershipnoun

    Property; rightful possession.

    Etymology: from owner.

    In a real action, the proximate cause is the property or ownership of the thing in controversy. John Ayliffe, Par.

Wikipedia

  1. Ownership

    Ownership is the state or fact of exclusive rights and control over property, which may be an object, land or real estate, or intellectual property. Ownership involves multiple rights, collectively referred to as title, which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can purchase it with money, trade it for other property, win it in a bet, receive it as a gift, inherit it, find it, receive it as damages, earn it by doing work or performing services, make it, or homestead it. One can transfer or lose ownership of property by selling it for money, exchanging it for other property, giving it as a gift, misplacing it, or having it stripped from one's ownership through legal means such as eviction, foreclosure, seizure, or taking. Ownership is self-propagating in that the owner of any property will also own the economic benefits of that property.

ChatGPT

  1. ownership

    Ownership refers to the legal and exclusive right someone has to possess, control, and dispose of a certain asset or property. It implies that the owner has full control over the use, transfer, and decision-making related to the object or property in question. Ownership grants individuals and entities certain privileges, responsibilities, and rights, such as the ability to use, modify, sell, or transfer the owned item.

Wikidata

  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.

Editors Contribution

  1. ownershipnoun

    A possession to emphasize that someone or something belongs or relates to the person or thing mentioned in frequency and ingrained as a quality for them. 1.) The act, state, or right of possessing something.

    I only have ownership to who and what the Almighty God allows me to guide.

    Etymology: Executive control


    Submitted by Tehorah_Elyon on March 6, 2024  

Matched Categories

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

How to pronounce ownership?

How to say ownership in sign language?

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

Examples of ownership in a Sentence

  1. Huang Ou:

    The next step is for the city government to do the support work to allow the project to go into operation as quickly as possible, in line with state plans, we will speed up the cancellation of foreign ownership restrictions in the car manufacturing sector.

  2. Mike Norvell:

    I apologize to our fan base, to our university, to all Seminoles for the performance we had, i take ownership of it, but we go in and work, correct the things that have to be corrected to play to the level we're capable of playing. This team has talent, they have heart, they truly do believe in what we can accomplish, but we have to go execute. It can't just be something we talk about in the moment. I've been a part of challenging times before. Tonight is a challenging time for our university and our football team. We will get it corrected.

  3. Sarah Huny Young:

    This isn't, of course, to say that I'm the only person that gets to celebrate women in the U.S. or that I have ownership of the title or moniker ‘American Woman’ in any way. However, that the original AMERICAN WOMAN series is very specifically about black women in America — American for multiple generations, first-generation American, or American via naturalization or dual citizenship — is a very important distinction that I intend to protect.

  4. Jeremy Farrar:

    The community in North Kivu must be at the center of the response, their trust and ownership is critical and is extremely challenging.

  5. Trevor Timm:

    It's home ownership, it has a lot to do with that. They have traditional values and their families.

Popularity rank by frequency of use

ownership#1#3897#10000

Translations for ownership

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"ownership." Definitions.net. STANDS4 LLC, 2024. Web. 26 Apr. 2024. <https://www.definitions.net/definition/ownership>.

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