Definition of «ownership»

Ownership refers to the right or title to possess, use and dispose of a thing. It is the state or condition of being an owner, having legal rights over something, such as a property, asset or object. Ownership can be acquired through various means, including purchase, inheritance, gift, or production. The extent of ownership varies depending on the type of property, and may include full ownership (also known as sole ownership), co-ownership, or partial ownership.

Usage examples

  1. Real estate ownership: Buying a house or a piece of land and having legal rights and control over it.
  2. Business ownership: Starting a company or acquiring shares in an existing business, which gives you control and responsibility for its operations and profits.
  3. Intellectual property ownership: Creating and owning exclusive rights to inventions, designs, trademarks, copyrights, or artistic works.
  4. Personal possession ownership: Owning physical objects such as a car, jewelry, or electronic devices.
  5. Rights ownership: Holding legal rights, such as patents, trademarks, or copyrights, which grant you ownership and control over certain assets.
  6. Financial ownership: Owning stocks, bonds, or other financial instruments, which represent an ownership interest in a company or debt obligation.
  7. Home ownership: Purchasing or having a mortgage on a residential property, giving you the right to live in and determine the use of that property.
  8. Animal ownership: Keeping a pet or livestock, providing care and responsibility for their well-being.
  9. Collaborative ownership: Participating in collective or cooperative ownership models, where multiple individuals jointly own and manage a particular asset or enterprise.
  10. Cultural ownership: Recognizing and valuing the ownership and preservation of cultural heritage, traditions, or artifacts by a particular group or community.

Sentences with «ownership»

  • Add to that property tax and maintenance costs, and we can easily arrive at a total monthly cost of ownership of over $ 2,000. (csinvesting.ca)
  • Many insurance carriers require proof of home ownership in order to receive the home discount. (thebalance.com)
  • Since there is no initial transfer of ownership in the typical case of software licensing, the relevance of copyright law is that it establishes the basis for prohibiting you from using the software. (law.stackexchange.com)
  • (see all sentences)
a b c d e f g h i j k l m n o p q r s t u v w x y z