Focus on the pronunciation of ownership
English definition of “ownership”
/ˈəʊnəʃɪp/ noun [U]
› the state or fact of owning something: under sb's ownership The business has been under the same ownership for 44 years.home/property ownership The spiralling cost of housing has pushed home ownership beyond the reach of many people.share/stock ownership The organization promotes wider share ownership.take/acquire/retain ownership of sth Earlier this year the group took 51% ownership of the financial services unit. State-owned railways were taken into private ownership.
› the fact of taking responsibility for an idea or problem: We need someone to take ownership of the issue. → See also absolute ownership, beneficial ownership, common ownership, cross-media ownership, cross-ownership, employee ownership, foreign ownership, fractional ownership, full ownership, joint ownership, majority ownership, minority ownership, partial ownership, part ownership, public ownership