Disownership

Disownership refers to the act or state of not owning something; it encompasses a feeling of detachment or removal of ownership rights or responsibilities over a property, object, or entity. This term is often used in legal contexts to denote the relinquishment of claims or interests in assets, and it can also apply to emotional ties or social connections.

Disownership meaning with examples

• After the financial crisis, many individuals faced disownership of their homes, feeling a tremendous weight of loss and instability as they watched their properties slip out of their grasp and into foreclosure.
• The company's recent restructuring has led to disownership among former stakeholders, who now have no say in the operations and direction of the business they once heavily invested in.
• When the community decided to disallow the project, activists experienced a sense of disownership towards the urban landscape, feeling as if their dreams and aspirations for the area had been dismissed and marginalized.
• The elder's disownership of their family heirlooms was apparent when they chose not to pass them down, instead selling them off due to financial burdens, effectively distancing themselves from generations of memories.
• As the organization transitioned to new leadership, disownership permeated through the team, with long-term employees feeling disconnected from the values and goals that once inspired their commitment and passion.