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Ownership

usgb/ˈəʊnərʃɪp/Volume
nounPlay

Having a thing that legally belongs to you.

The ownership of the car has been transferred to John
Often appears as...
take ownership
transfer ownership
Left Definition 1 of 3Right
LampPro Tip 1/3
Legal EvidencePlay
Ownership often requires legal documents as proof, like receipts or titles. SlideYou must show the car's title to prove your ownership.
LampPro Tip 2/3
Transfer ProcessPlay
Transferring ownership means handling legal formalities, not just handing over an item. SlideSign these papers to complete the ownership transfer.
LampPro Tip 3/3
Responsible OwnershipPlay
Ownership implies responsibility for the item's condition and use. SlideSince I took ownership of the house, I must repair it.