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
The state of having complete legal control of the status of something.
Samuel Johnson's Dictionary
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.
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.
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.
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'ownership' in Spoken Corpus Frequency: #3155
Written Corpus Frequency
Rank popularity for the word 'ownership' in Written Corpus Frequency: #4538
Rank popularity for the word 'ownership' in Nouns Frequency: #1351
The numerical value of ownership in Chaldean Numerology is: 6
The numerical value of ownership in Pythagorean Numerology is: 1
Helping guide this organization has been the thrill of a lifetime, and having worked side-by-side with him since he's been here, I know we couldn't be in better hands than with Brad guiding the team going forward, i'm grateful to ownership, all of my Celtics colleagues, and the best fans in basketball for being part of the journey.
They looked at India as one of the markets they need to be in, but India is a very different kind of market, they thought if they bring the car at a good price, people will buy. It is not just about the initial price, it is also fuel efficiency and the whole cost of ownership.
The principle threat to the Islands remains the quite unjustified claim of Argentina to ownership.
My view is Man United are better off for the Glazer's ownership. Building the commercial engine they've built will continue to serve the club well.
They thought if they bring the car at a good price, people will buy. It is not just about the initial price, it is also fuel efficiency and the whole cost of ownership.
Popularity rank by frequency of use
Translations for ownership
From our Multilingual Translation Dictionary
- possessió, propietatCatalan, Valencian
- posesión, propiedadSpanish
- omistaminen, omistusFinnish
- propriété, possession, la possessionFrench
- मल्कियत, स्वामित्वHindi
- proprietà, possessoItalian
- 所有權, 소유권Korean
- dominium, proprietasLatin
- własność, posiadaniePolish
- proprietăți, posesiune, proprietateRomanian
- собственность, владениеRussian
- ägande, ägarskapSwedish
- స్వామ్యం, యాజమాన్యంTelugu
- iyelik, malik, sahiplikTurkish
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