Ownership is the state or fact of legal possession and control over property, which may be any asset, tangible or intangible. Ownership can involve multiple rights, collectively referred to as title, which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a …

The meaning of OWNERSHIP is the state, relation, or fact of being an owner. How to use ownership in a sentence.

OWNERSHIP definition: 1. the fact that you own something: 2. the fact that you own something: 3. the right or state of…. Learn more.

Updated Sep 8, 2024 Definition of Ownership Ownership refers to the legal right to possess, use, and dispose of something. It is a fundamental concept in economics that denotes the relationship between an individual or group and an asset or property. Ownership confers upon the holder the ability to control the use of the asset, enjoy the benefits that …

ownership, the legal relation between a person (individual, group, corporation, or government) and an object. The object may be corporeal, such as furniture, or completely the creature of law, such as a patent, copyright, or annuity; it may be movable, such as an animal, or immovable, such as land. Because the objects of property and the protected relations are …

2 senses: 1. the state or fact of being an owner 2. legal right of possession; proprietorship.... Click for more definitions.

The Assessor has developed an on line tool to look up basic information, such as assessed value and assessor's parcel number (APN), for real property in Santa Clara County. Currently you may research and print assessment information for individual parcels free of charge. This system is best viewed using Internet Explorer 8.0 or higher and a …

ownership Ownership is the legal right to use, possess, and give away a thing. Ownership can be tangible such as personal property and land, or it can be of intangible things such as intellectual property rights. Some common usages of the term “ownership” in a legal sense include: In the context of property, cases such as this one from Louisiana, explain that “the three elements of ...