Property

The Jolly Contrarian’s Glossary
The snippy guide to financial services lingo.™

Index — Click the ᐅ to expand: Glossary

Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Something capable of being owned. Not just held, but owned. Possession and ownership are different things. Ownership implies you can keep it, pledge it, licence it, lease it, declare a trust over it — you can act as an economic rentier with respect to it.

You can’t own data that doesn’t amount to intellectual property.
You can’t own cash, either.^[1]

References

↑ This is controversial but defendible view — not because your rights to cash are in some way attenuated compared to your rights over property, but because cash is sui generis: a special, otherworldly, elusive thing, not susceptible of mortal, human impulses like “ownership”.

[1] This is controversial but defendible view — not because your rights to cash are in some way attenuated compared to your rights over property, but because cash is sui generis: a special, otherworldly, elusive thing, not susceptible of mortal, human impulses like “ownership”.

[1]

Property

See also

References