To own is to have the potentially exclusive right to govern a specific resource in a specific social context.
Like all types of exclusion, ownership is closely related to restriction.
Ownership is a traditional concept. It's highly relevant to current legal forms; however, it's not especially favored in Modular Organization Terminology, which enables agents to create and modify more flexible descriptions of rights, restrictions and responsibilities regarding access to specific resources.
Traditional ownership may be shared between two or more people, either as equal peers or via a shareholding model. However, some collectives lack clear and mutually accepted standards for shared ownership and decision-making processes. Shared owners may often expect mutual consent to any unexpected use of the shared resources, except in modern shared ownership forms such as corporations which enable coercive decisions to be authorized according to varied rules.
steward: Owners often delegate much or most of their responsibility to stewards.