Definition of ownership noun from the Oxford Advanced Learner's Dictionary

 

ownership

 noun
noun
BrE BrE//ˈəʊnəʃɪp//
 
; NAmE NAmE//ˈoʊnərʃɪp//
 
[uncountable]
 
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the fact of owning something a growth in home ownership Ownership of the land is currently being disputed. to be in joint/private/public ownership The restaurant is under new ownership.Extra examples Ownership of the land passed from father to son. The business has changed ownership several times. The cafe is under new ownership. The estate passed into public ownership.
See the Oxford Advanced American Dictionary entry: ownership