noun
ownership
The state or right of owning something.
The deed gives her legal ownership of the small house.
Etymology
Ownership joins owner with -ship, an ending for a condition or relationship. It names the state and associated rights of being an owner.
More examples
- The restaurant is under new ownership.
- The sisters share ownership of their family's cabin.
- You need proof of ownership to register the car.
Forms
Similar words
- possession
- Possession can mean physical control without a legal right.
- title
- Title specifically means the legally recognized right to own property.