Ownership (Noun)
Meaning 1
The relation of an owner to the thing possessed; possession with the right to transfer possession to others.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The concept of ownership has been a cornerstone of capitalism since its inception.
- Her ownership of the company was confirmed after the board of directors accepted her proposal.
- As the legal owner of the property, he was responsible for paying the taxes.
- The new policy granted individuals ownership of their intellectual property, giving them more creative freedom.
- The government's decision to allow private ownership of farmland was a significant shift in the country's economic strategy.
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Related Words
Meaning 2
The act of having and controlling property.
Classification
Nouns denoting acts or actions.
Synonyms
Hypernyms
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Meaning 3
The state or fact of being an owner.
Classification
Nouns denoting natural processes.