OWNERSHIP

Ownership

Ownership of property may be private, collective, or common and the property may be objects, land/real estate, or intellectual property. Determining ownership in law involves determining who has certain rights and duties over the property. These rights and duties, sometimes called a 'bundle of rights', can be separated and held by different parties.

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ownership

Noun

  1. The state of having complete legal control of the status of something.


The above text is a snippet from Wiktionary: ownership
and as such is available under the Creative Commons Attribution/Share-Alike License.

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