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Etymology edit

owner +‎ -ship

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Noun edit

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.

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