/ˈpraɪvət ˈoʊnərʃɪp/ – Phrase
Definition: Quyền sở hữu tư nhân.
A more thorough explanation: 1. when a company is owned by private shareholders
2. when something is owned by a private person rather than by a company or other organization
Example: 1. The government wants to return the bank to full private ownership by the next general election.
2. A rare copy of the book had been in private ownership and was recently sold for £35,000.