What is owne?

rship:

Ownership refers to the legal right to possess, use, control, and transfer property or assets. When someone owns something, they have the power to decide how that property or asset is used, whether to keep it, sell it, or transfer it to someone else. Ownership can be absolute or conditional, depending on the terms of the agreement or law that governs it. Ownership is an important concept in business, real estate, and finance, and it can have significant implications for individuals and organizations. For example, ownership of a business determines who has the right to make decisions about its operations and profits. Similarly, ownership of a home or other property can affect a person’s financial stability, tax obligations, and legal liability.