ownership - the relation of an owner to the thing possessed; possession with the right to transfer possession to othersrelation - an abstraction belonging to or characteristic of two entities or parts together community - common ownership; "they shared a community of possessions" proprietary, proprietorship - an unincorporated business owned by a single person who is responsible for its liabilities and entitled to its profits landholding - ownership of land; the state or fact of owning land stockholding - ownership of stocks; the state or fact of holding stock; "prohibition of unrestricted intercorporate stockholding"- W.Z.Ripley |