2 definitions found From WordNet (r) 2.0 [wn]: ownership noun 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}] 3: the state or fact of being an owner From The Collaborative International Dictionary of English v.0.44 [gcide]: Ownership \Own"er*ship\, noun The state of being an owner; the right to own; exclusive right of possession; legal or just claim or title; proprietorship.

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