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ownership

[oh-ner-ship] /ˈoʊ nərˌʃɪp/
noun
1.
the state or fact of being an owner.
2.
legal right of possession; proprietorship.
Origin
1575-1585
1575-85; owner + -ship
Related forms
interownership, noun
self-ownership, noun
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Examples from the web for ownership
  • She had self-possession, and that was ownership enough.
  • Individuals, cities and agri business claim ownership of the aquifer underlying their property.
  • In essence, we're seeing a new relationship to property-where access trumps ownership.
  • Data ownership refers to both the possession of and responsibility for information.
  • People could put those together in ways that they liked and take ownership of them.
  • With factories multiplying and car ownership surging, the cities' air quality has plummeted.
  • The program allows the farmers to maintain ownership of the land as long as they protect it.
  • No more ruined credit and dashed hopes of home-ownership.
  • And there is almost always something that goes wrong almost immediately, it's the way of home ownership.
  • Public records indicate when ownership expires, for one thing, but they do more than that.
British Dictionary definitions for ownership

ownership

/ˈəʊnəʃɪp/
noun
1.
the state or fact of being an owner
2.
legal right of possession; proprietorship
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Origin and History for ownership
n.

1580s, from owner + -ship. Ownership society (2003) was popularized by U.S. president George W. Bush.

Online Etymology Dictionary, © 2010 Douglas Harper
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Encyclopedia Article for ownership

the legal relation between a person (individual, group, corporation, or government) and an object. The object may be corporeal, such as furniture, or completely the creature of law, such as a patent, copyright, or annuity; it may be movable, such as an animal, or immovable, such as land. Because the objects of property and the protected relations are different in every culture and vary according to law, custom, and economic system and the relative social status of those who enjoy its privileges, it is difficult to find a least common denominator of "ownership." Ownership of property probably means at a minimum that one's government or society will help to exclude others from the use or enjoyment of one's possession without one's consent, which may be withheld except at a price.

Learn more about ownership with a free trial on Britannica.com
Encyclopedia Britannica, 2008. Encyclopedia Britannica Online.
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