Ownership

Ownership refers to the legal right or control one has over property, assets, or intellectual creations. It means you can use, sell, or alter what you own, and others cannot do so without your permission. Ownership can apply to tangible items, like land or vehicles, as well as intangible assets, such as patents or copyrights. This concept ensures that individuals or entities can benefit from their investments, innovations, and resources while also respecting the rights of others. Ownership often comes with responsibilities, such as maintaining property or adhering to laws related to the asset.