sole ownership

One person's property

Sole ownership is complete legal possession of property or a business by one person or entity, with no partners, shareholders, or co-owners.

The sole owner has full control over decisions and receives all profits but also bears all liability: She preferred sole ownership to splitting decisions with partners.

The term appears in real estate, business law, and intellectual property contexts.

Related

individual · single-handed · one man band · private · undivided · landlord · entrepreneur · master · autonomy · independence · buck stops here · possession · freehold · private property · dominion · self-employed · going it alone · founder

Categories
Opposites
number of owners

sole ownershipjoint ownership

Shared legal claim together

partnership · co-ownership · shared ownership · collective ownership · joint tenancy

degree of control

sole ownershippublic ownership

State-held property or enterprise

corporate ownership · state ownership · government ownership · employee ownership · collective ownership

ownership vs. non-ownership

sole ownershiptenancy

Renter's period of residence

leasehold · rental · leasing · borrowing · licensing

Family

sole, ownership, owner, owners, owns, owned, owning, solely

Familiarity
Top 200,000
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Used worldwide · Timeless · Rated G