ownership

//ˈoʊnərʃɪp//
B2Frequency Level 8Neutral
Visual representation of ownership

Noun

1

The legal right or state of possessing something; the fact of being an owner.

The ownership of the house was transferred to her last year.

2

The act or state of owning or having control over property, assets, or a business.

The ownership of the company was transferred to a new investor.

3

The responsibility or accountability for something, especially in a professional or organizational context.

The team leader took ownership of the project's delays and worked to fix the issues.

ownership - Deep Vocabulary