adjective
ostensible
ah-STEN-suh-bul/ɑːˈstensəbl/
Appearing or stated to be true, but possibly not.
Her ostensible sleep seems less convincing with one eye slightly open.

Etymology
To “stretch in front of” someone was to display or show something. From “capable of being shown,” ostensible came to mean put forward as real or true, without guaranteeing that it is.
In context
they're still owners but the ostensible owners don't have any power they're not really in charge
More examples
- The ostensible purpose of the meeting is to discuss staffing.
- His ostensible reason for leaving early is a dentist appointment.
- Despite her ostensible confidence, she keeps asking for reassurance.
Forms
ostensible
ostensibly adverb — Apparently or reportedly, but not necessarily actually.