Property: Difference between revisions

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{{a|glossary|}}Something capable of being [[Ownership|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.
{{a|glossary|}}Something capable of being [[Ownership|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 [[data]] that doesn’t amount to [[intellectual property]].  
*You can’t own [[cash]], either.<ref>This is controversial but defendible view — not because your rights to cash are in someway attenuated compared to your rights over [[property]], but because [[cash]] is a special, otherworldly, elusive thing, not susceptible of mortal, human impulses like “[[ownership]]”.</ref>
*You can’t own [[cash]], either.<ref>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]]”.</ref>
{{sa}}
{{sa}}
*[[Law of Property (Miscellaneous Provisions) Act 1994]]
*[[Law of Property (Miscellaneous Provisions) Act 1994]]

Revision as of 10:25, 14 June 2019

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


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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.

See also

References

  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”.