Browse full definitions for every OW term in the Amicus glossary.
/ˈoʊnər/
The owner of the land has the right to exclude others from it.
The copyright owner may license others to use their work.
In drafting, clearly distinguish between ownership rights and other interests or possessory rights to avoid ambiguity.
/ˈoʊnərz ˈekwəti/
The owner's equity increased due to retained earnings.
Owner's equity is a key accounting and legal concept indicating owners' financial interest in a company and is often synonymous with shareholders' equity in corporations.
/ˈoʊnərʃɪp/
She established clear ownership of the land through the property deed.
Ownership of the intellectual property was transferred to the company.
Ownership implies a bundle of legal rights, distinct from mere possession; legal definitions can vary between jurisdictions.
/ˈoʊnərʃɪp sɜːrtɪfɪkət/
The buyer received an ownership certificate as proof of their property rights.
The car dealership provided an ownership certificate upon purchase.
Usage varies by jurisdiction; ensure the certificate complies with local legal requirements to establish clear ownership.
/ˈoʊnərˌʃɪp ˈɪntrəst/
She transferred her ownership interest in the corporation to her heir.
Ownership interest typically denotes a quantifiable stake in property or business, often evidenced by shares or title documents.
/ˈoʊnərʃɪp ˈrɛkərd/
The ownership record confirmed she held the title to the land.
The ownership record in the land registry was updated after the sale.
Often essential for proving legal rights and resolving disputes, ownership records must be accurate and up-to-date; drafters should specify the relevant jurisdiction and type of property when referencing such records.
/ˈoʊnərʃɪp ˌrɛdʒɪˈstreɪʃən/
The ownership registration of the vehicle was completed at the motor vehicle department.
Ownership registration is essential to enforce property rights against third parties.
Ownership registration typically involves statutory or administrative procedures that offer legal certainty and public notice; drafters should specify jurisdictional registration requirements for clarity.
/ˈoʊnərʃɪp ʃɛər/
Her ownership share in the company entitled her to vote at the shareholder meetings.
Ownership share quantifies an owner's portion in legal or commercial entities and affects rights such as voting, profits, and liabilities.
