ownership meaning

ownership means 'the state or fact of possessing something'.

ownership :

owner, possession

noun

▪ She has ownership of the car.

▪ She possesses the car.

▪ They transferred ownership to the new manager.

▪ They transferred possession to the new manager.

paraphrasing

▪ possession – owner

▪ property – possession

▪ control – possession

Pronunciation

ownership [ˈoʊnərʃɪp]

The stress is on the first syllable 'own' and sounds like 'OW-ner-ship'.

Common phrases and grammar about ownership

ownership - Common meaning

noun
owner, possession

Part of Speech Changes for "ownership"

▪ own (verb) – to possess something

▪ owner (noun) – a person who owns something

▪ owned (adjective) – possessed by someone

Common Expressions with "ownership"

▪ have ownership – to possess something

▪ transfer ownership – to give possession to someone else

▪ regain ownership – to get possession back

▪ full ownership – complete possession

Important examples of ownership in TOEIC

Vocabulary examples from the TOEIC test

In TOEIC word questions, ownership refers to possessing or having something as property.

▪She has ownership of the company.
▪She possesses the company.

Example of a confusing word: partnership (a business relationship)

▪She has partnership of the company.
▪She is in partnership with the company.
"Ownership" means having legal rights to something as property, often used in the structure "ownership of + noun." In the sentence "She has ownership of the company," the grammar and meaning are correct. "Partnership," however, refers to a business relationship between two or more parties and does not imply possession. The phrase "She has partnership of the company" is grammatically incorrect because "partnership" is not something you possess; rather, you are "in partnership with" someone or something. Therefore, "ownership" is the correct choice.

Grammar examples from the TOEIC test

In TOEIC grammar questions, ownership is used as a noun and may require correct articles or prepositions.

▪The company's ownership is unclear.
▪The possession of the company is unclear.

ownership

Idioms and fixed expressions in TOEIC

There are no common idioms with ownership in TOEIC Part 7 passages.




There are no unique idiomatic expressions with ownership in TOEIC Part 7 passages.




Differences between similar words and ownership

ownership

,

possession

differences

'Ownership' refers to having legal rights to something, while 'possession' is having physical control.

ownership
▪She has ownership of the car.
▪She possesses the car.
possession
▪possession
▪She possesses the car.

ownership

,

property – ownership

differences

'Ownership' refers to legal rights, while 'property' refers to the things owned.

ownership
▪They have ownership of the house.
▪ownership
property – ownership
▪property
▪ownership

Words with the same origin as ownership

The origin of ownership

The word 'ownership' comes from 'own' combined with the suffix '-ship', which indicates the state or condition.

Word structure

It has the root 'own' and the suffix '-ship', so 'ownership' means the state of owning.

Words with the same origin

The root of 'ownership' is 'own'. Words with the same root include 'own' and 'owner'.

Please select an image in the quiz

Quiz

question

Your score is

Previous post and next post

diagnosis

diagnosis

174
▪make a diagnosis
▪receive a diagnosis
noun ┃
Views 3
diagnosis

diagnosis

174
identification, analysis
▪make a diagnosis – identify a disease or problem
▪receive a diagnosis – get the identification
noun ┃
Views 3
ownership

ownership

175
▪have ownership
▪transfer ownership
current
post
noun ┃
Views 1
ownership

ownership

175
owner, possession
▪have ownership – to possess something
▪transfer ownership – to give possession to someone else
noun ┃
Views 1
recession

recession

176
▪enter a recession
▪suffer a recession
noun ┃
Views 2
recession

recession

176
economic decline, downturn
▪enter a recession – go into economic decline
▪suffer a recession – experience economic downturn
noun ┃
Views 2
status

status

177
▪check the status
▪update status
noun ┃
Views 4
status

status

177
position, condition
▪check the status – look at the condition
▪update status – change the condition
noun ┃
Views 4
accountable
▪hold accountable
▪accountable for actions
adjective ┃
Views 5
accountable
responsible, answerable
▪hold accountable – make responsible
▪accountable for actions – responsible for what you do
adjective ┃
Views 5
Same category words
finance, accounting

ownership

owner, possession
current post
175

Visitors & Members
1+