Words / B1

OHN-uh-ship/ˈəʊnəʃɪp/

Ownership is the fact of owning something, or taking responsibility for a task (often uncountable). Owner is already in the dictionary. Possession is a close twin. Leaseholders: ownership of the freehold stayed with the council.

Meaning

The fact of owning something; also responsibility for a task (often uncountable).

Examples

• “Ownership of the freehold stayed with the council, not the leaseholders.”
• “Take ownership of the mistake in the minutes, which is the responsibility sense.”

Good to know

Often uncountable. public / private ownership. Person: an owner. Housing / workplace. take ownership of = accept responsibility.

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