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Related Definitions
Ownership clause Ownership clause is a provision in life insurance policies under which the policyholder possesses all contractual rights in the policy while the
Business Owners' policy Business Owners’ Policy is a package policy specifically designed to meet the basic property and liability insurance needs of smaller business firms in one contract.
Boatowners package policy Boatowners package policy is a special package policy for boat owners that combines physical damage insurance, medical expense insurance, liability insurance, and other
Dilution of ownership Dilution of ownership is the degree to which the proportionate share of ownership held by the current owners of a banking firm is reduced
Ownership Ownership is the legal right to the possession of an object or thing. For Marx, ownership of the means of production was a key factor in
Statement of owners’ equity Statement of owners’ equity is the record of the change in owners’ equity from the end of one fiscal period to the end of the next.
Public ownership Public ownership is the organization owned and operated by a unit or agency of government.
Ownership utility Ownership utility is the orderly transfer of goods and services from the seller to the buyer; also called possession utility.
Owners’ equity Owners’ equity is the funds contributed by owners plus profits not distributed to owners in the form of cash dividends.
Employee ownership Employee ownership business ownership in which workers buy shares of stock in the company that employs them.