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English definition of “ownership”

ownership

noun [U]
 
 
/ˈəʊnəʃɪp/
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
(Definition of ownership from the Cambridge Business English Dictionary © Cambridge University Press)
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