Meaning of the word ownership in English

What does ownership mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

ownership

US /ˈoʊ.nɚ.ʃɪp/
UK /ˈoʊ.nɚ.ʃɪp/
"ownership" picture

Noun

1.

the act, state, or right of possessing something

Example:
The ownership of the car was transferred to the new buyer.
She took full ownership of the project.
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