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Ownership: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "Where does one start? ===Possession and ownership=== ===Data, intellectual property and ownership=== ===Cash and ownership=== ===Beneficial ownership===") |
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Where does one start? | Where does one start? Well, not with Google’s definition, which fluffs it entirely.<ref>{{google2|define|ownership}}.</ref> “[[Ownership]]”, it says, is “the act, state, or right of [[possession|possessing]] something”. Well, only in the limited sense of the word possession — the sense in which it means ownership. So that’s a tautological definition. For it is quite possible to possess something one does not own: if I borrow your tennis racquet, I possess it, but you own it. I can possess your tennis racquet without it being my [[possession]], though — that is the limited sense, meaning [[ownership]]. | ||
In the legal sense, “ownership” is holding the [[legal title]] and the equitable [[Beneficial ownership|benefit]] of some [[property]] <ref>That is, an [[asset]] that is capable of being ''owned''.</ref> Not everything can be property: data that falls short of intellectual property, for example, and, arguable cash (being an abstract token of value and not a corporeal thing per se). | |||
===[[Possession]] and ownership=== | ===[[Possession]] and ownership=== | ||
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===[[Beneficial ownership]]=== | ===[[Beneficial ownership]]=== | ||
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