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Definition of ownership

ownership

/ˈoʊ.nɚ.ʃɪp/
own · er · ship
Plural:ownerships
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ownership Lexical Profile

ownership Game Scores & Validity

• noun

1

The legal right, state, or fact of possessing and controlling property, goods, or assets.

Example

"They signed the final documents to transfer ownership of the house to the new buyers."

2

The acceptance of personal responsibility and accountability for a task, problem, or outcome.

Example

"The project manager encouraged team members to take ownership of their individual assignments."

Synonyms
View all synonyms for ownership
Antonyms
View all antonyms for ownership

• Nearby Words

ownable
owner
ownerless
ownership
ox
oxalis
oxararfoss

Word Origin & Etymology

First recorded in the late 16th century, formed from the noun "owner" (from Old English "agen", meaning "one's own") combined with the state-denoting suffix "-ship".

Cite this Entry

Wordmom. (2026). Definition of Ownership. In Wordmom Dictionary. Retrieved Nov 5, 2026, from https://wordmom.com/dictionary/ownership
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