English Lexicon

State Ownership

/steɪt ˈoʊnərʃɪp/
nounCEFR B2 (Upper)Top #1500 frequency
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Comprehensive Definitions & Senses

2 senses
As noun
  1. 1

    The condition of being owned or controlled by a government or state.

    "In many countries, state ownership of key industries is a common practice."
  2. 2

    A system where the government owns and manages resources or enterprises.

    "State ownership can lead to increased public accountability in the management of resources."

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Linguistic Origin & Historical Etymology

The term 'state ownership' derives from the combination of 'state', originating from the Latin 'status', meaning 'condition' or 'position', and 'ownership', which comes from the Old English 'āenian', meaning 'to possess'. The concept evolved through historical contexts of governance and property rights.

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