ownership

noun
own·​er·​ship | \ ˈō-nər-ˌship How to pronounce ownership (audio) \

Definition of ownership

1 : the state, relation, or fact of being an owner
2 : a group or organization of owners

Examples of ownership in a Sentence

The company is under private ownership.

Recent Examples on the Web

Bennack’s book forthrightly describes the financial difficulties of newspaper ownership over the years — from the shuttering of afternoon newspapers to the challenges posed by the digital revolution. Rex Smith, ExpressNews.com, "Former Hearst CEO, a San Antonio icon, offers pointers on life and business," 18 June 2019 Bennack’s book forthrightly describes the financial difficulties of newspaper ownership over the years — from the shuttering of afternoon newspapers to the challenges posed by the digital revolution. Rex Smith, Houston Chronicle, "Former Hearst CEO, a South Texas icon, offers pointers on life and business," 18 June 2019 Rooey and Bean Boy took ownership of the fun family project, starting with the name of the show. Julia M. Chan, CNN, "Brothers with special needs star in a world without limits," 14 June 2019 Marcelo Palomeque and his wife, Sarah, took over ownership of the restaurant May 1 and quickly added to the menu items such as chivitos, milanesa and empanadas from Marcelo’s native Uruguay. cleveland.com, "New owner of South Euclid’s Kalie’s Restaurant adds South American flare to go with traditional fare," 13 June 2019 Program assistants must be flexible and resourceful, willing to take ownership of tasks as well as be able to follow instructions and work independently without a lot of direct supervision. National Geographic, "Trip Leader Opportunities," 12 June 2019 DeBroux, 40, a professional cyclist who also had ownership in three area Vic’s Espressos, bought land and built a treehouse in Gold Hill a couple of years ago. Charlie Brennan, The Denver Post, "Sale of historic Gold Hill Store & Pub is completed," 7 June 2019 The company’s co-founders had twice tried to build a publishing label that offered developers more friendly terms, including ownership over their properties. Andrew Webster, The Verge, "Why gaming’s most influential indie label has stayed small for a decade," 5 June 2019 The entire school uses the garden and has ownership over the garden, Wendehack said. Michael Walsh, Courant Community, "Community Garden Made Accessible To All Students," 26 June 2018

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'ownership.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of ownership

1583, in the meaning defined at sense 1

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Statistics for ownership

Last Updated

21 Jun 2019

Look-up Popularity

Time Traveler for ownership

The first known use of ownership was in 1583

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More Definitions for ownership

ownership

noun

English Language Learners Definition of ownership

: the state or fact of owning something

ownership

noun
own·​er·​ship | \ ˈō-nər-ˌship How to pronounce ownership (audio) \

Kids Definition of ownership

: the state or fact of owning something home ownership

ownership

noun
own·​er·​ship

Legal Definition of ownership

: the state, relation, or fact of being an owner also : the rights or interests of an owner
absolute ownership
: ownership especially by a single person that is free of any encumbrances or limitations other than statutory law — compare fee simple absolute at fee simple
ostensible ownership \ ä-​ˈsten-​sə-​bəl-​ \
: ownership that is apparent rather than actual and that sometimes is recognized in cases of purchase of the property by an innocent third party a dispute arising from the dealer's ostensible ownership and sale of the collateral

Note: A purchaser from a person with ostensible ownership of property may be able to defeat the claim to the property of the actual owner who created the ostensible ownership.

ownership in indivision
in the civil law of Louisiana : ownership by two or more persons each having undivided shares in the property as a whole — compare community property at property
qualified ownership
: ownership that is limited by time, the interest of another party, or restrictions on the use of the property had only qualified ownership of the fish and game on his property due to state restrictions

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