ownership

own-er-ship · noun

imported

Definitions

noun

  1. 1.

    The act, state, or right of possessing something.

  2. 2.

    The legal right to possess, use, and dispose of something.

Phrases & expressions

  • •
    take ownership — to accept responsibility for something
  • •
    public ownership — when something is owned by the government
  • •
    private ownership — when something is owned by individuals or companies

Related words

Antonyms: rental, tenancy
See also: owner, possess, property
Synonyms: possession, proprietorship

Etymology

From English owner + -ship (state or condition suffix), from Old English -scipe.