ownership n 1: the relation of an owner to the thing possessed; possession with the right to transfer possession to others 2: the act of having and controlling property [syn: {possession}, {ownership}] 3: the state or fact of being an owner
Ownership \Own"er*ship\, n. The state of being an owner; the right to own; exclusive right of possession; legal or just claim or title; proprietorship. [1913 Webster]
OWNERSHIP, title to property. The right by which a thing belongs to some one in particular, to the exclusion of all other persons. Louis. Code, art. 480.