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Etymology

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From owner +‎ -ship.

Pronunciation

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Noun

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ownership (countable and uncountable, plural ownerships)

  1. The state of having complete legal control of something; possession; proprietorship.
    • 1952 February, H. C. Casserley, “Permanent Wayfarings”, in Railway Magazine, page 77:
      Other evidence of former ownerships such as notice-boards, number plates, and makers' plates, are often discovered unexpectedly. [] It has not been used for many years, and although it was impracticable to photograph the engine in the small confines of the shed it was possible to obtain a picture of the plate which it still carries showing the former ownership.
    • 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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