ownership
nounUK /ˈəʊnəʃɪp/
US /ˈoʊnərʃɪp/
Ownership means that something belongs to you.
The ownership of the little red bike passed to my sister when I outgrew it.
OTHER MEANINGS
2. The act of taking responsibility for something and being accountable for it.
She took ownership of the mistake and apologized to the whole team.
3. The state of having a sense of belonging or connection to something.
The players felt a strong sense of ownership over the club's success.
4. The legal right to possess and use a thing, especially property or shares.
The company changed ownership after the merger.