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What is another word for private ownership?

Pronunciation: [pɹˈa͡ɪvət ˈə͡ʊnəʃˌɪp] (IPA)

"Private ownership" refers to the legal and exclusive right of individuals or groups to possess and control personal property. There are several synonyms for this concept, including personal ownership, individual property rights, personal property, private property, and exclusive ownership. These terms refer to the notion of an individual or group owning something in their own right, with full control over its use, disposal, and enjoyment. The concept of private ownership is often contrasted with public ownership, which involves communal or government control of resources. Private ownership is a foundational principle of free market economics, in which individuals are incentivized to innovate and grow their wealth through the ownership of property.
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What are the hypernyms for Private ownership?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.

Famous quotes with Private ownership

  • Land: A part of the earth's surface, considered as property. The theory that land is property subject to private ownership and control is the foundation of modern society, and is eminently worthy of the superstructure.
    Ambrose Bierce
  • You see, another reason for nationalization was that private ownership meant fragmentation.
    Barbara Castle
  • Intellectual property is an important legal and cultural issue. Society as a whole has complex issues to face here: private ownership vs. open source, and so on.
    Tim Berners Lee
  • The aim of the anarchist is to eliminate private ownership.
    Robert LeFevre
  • Economically speaking, all anarchists are socialists, however they may coalesce to the political spectrum. Economically speaking, the libertarian is an individualist, believing in and supporting the concept of private ownership, individual responsibility and self-government.
    Robert LeFevre

Related words: private equity, private company, private equity firms, private company ownership, private company stocks, private equity management firms

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  • What is private equity?
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  • Why invest in a private equity firm?
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  • What are the risks of an investment in a private company?

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