Property
Jump to navigation
Jump to search
|
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.<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”.
See also
- Law of Property (Miscellaneous Provisions) Act 1994
- Thing in action
- Cash
- Bitcoin (which is not cash).