ownership

owner +‎ -ship

• (General American) IPA^(key): /ˈoʊnɚʃɪp/
• (Received Pronunciation) IPA^(key): /ˈəʊnəʃɪp/

• Audio (US)

  (file)

• Hyphenation: own‧er‧ship

ownership (countable and uncountable, plural ownerships)

1. The state of having complete legal control of something; possession; proprietorship.
   • 2021 November 17, Andrew Mourant, “Okehampton: a new dawn for Dartmoor”, in RAIL, number 944, page 43:

     In the summer, DCC [Devon County Council] transferred ownership of the northern part of the station to NR for a nominal £1, enabling it (and the platform) to become part of the rail network.

2. (business) Responsibility for something.

   The successful candidate will take ownership of all internal design projects.

• shipowner