ownership Meaning, Definition & Usage

  1. noun the relation of an owner to the thing possessed; possession with the right to transfer possession to others
  2. noun the act of having and controlling property
    possession.
  3. noun the state or fact of being an owner

WordNet


Own"er*ship noun
Definitions
  1. The state of being an owner; the right to own; exclusive right of possession; legal or just claim or title; proprietorship.

Webster 1913