Noun: ownership 'ow-nu(r),ship
- The state or fact of being an owner
"Her ownership of the company gave her complete control over its operations"
- The relation of an owner to the thing possessed; possession with the right to transfer possession to others
"The deed established her ownership of the house";
- property
- The act of having and controlling property
"Their ownership of the rare artifact made them the envy of collectors worldwide";
- possession
Derived forms: ownerships
Type of: control, relation, state
Encyclopedia: Ownership, Unity and Responsibility Party