Ownership. Ownership is the state or fact of exclusive rights and control over property, which may be an object, land or real estate, or intellectual property. Ownership involves multiple rights, collectively referred to as title, which may be separated and held by different parties.

Whats the definition of ownership?

1 : the state, relation, or fact of being an owner. 2 : a group or organization of owners.

What is an example of ownership?

Ownership is the legal right to possess something. An example of ownership is possessing a specific house and property. The state of having complete legal control of the status of something. ... Ownership implies the right to possess property, regardless of whether or not the owner personally makes constructive use of it.