ownership

Definition

Denotes the person who controls all of the benefits and privileges associated with a life insurance policy. The title of owner may belong to someone other than the insured and may be transferred by the owner's written request.

Use ownership in a sentence

If you move into an abandoned house and stay for over two years you can legally claim ownership of the home.

​ Was this Helpful? YES  NO 5 people found this helpful.

You need to try and make sure that you stay on the good side of the ownership so that they do not let you go.

​ Was this Helpful? YES  NO 5 people found this helpful.

When they took over ownership of the business, they immediately implemented a number of changes that improved employee moral and productivity.

​ Was this Helpful? YES  NO 6 people found this helpful.

Show more usage examples...

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
subscription privilege interest