ownership
UK: ˈəʊnəʃɪp | US: ˈoʊnərʃɪp
n. the state or fact of owning something
n. the legal right to possess, use, or dispose of property
n. a sense of responsibility or control over something
The word "ownership" combines "owner," derived from Old English āgen (one's own) and the agent suffix -er, with the suffix -ship, from Old English -scipe (denoting state or quality). The suffix -ship is akin to modern German -schaft and Dutch -schap, all tracing back to Proto-Germanic *-skapi. The fusion reflects a logical progression from "one who owns" to "the state of owning," emphasizing possession as a formal or abstract condition.
The ownership of the house was transferred to her after the legal process.
He takes great pride in the ownership of his small business.
Disputes over land ownership are common in this region.
Shared ownership of the project ensured collective responsibility.
The document proves your ownership of the vehicle.