Definition

The legal right to possess something or the state of being an owner.

Example

The ownership of the property was transferred to the new buyer.

Conversation

Have you ever thought about the responsibilities that come with ownership?

Definitely! It’s not just about having things; it’s about taking care of them too.

Right? I think true ownership means being accountable for what you own.

Exactly! It’s a big commitment but also really rewarding.

Synonyms & Antonyms

Root Explanation

Ownership → It is formed from "own" (from Old English "agan", meaning to possess) and "-ship" (meaning the state or condition of). The word "ownership" refers to the state of possessing something.

Memory Tip

Think of the word 'own' which means to possess, and '-ship' indicating a state. This helps you remember that ownership is the state of possessing something.

Visually Confused Words