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Ownership
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{{short description|Legal concept}} {{Redirect|Own|the slang term|Owned (slang)||OWN (disambiguation)}} {{for|the Wikipedia's content policy|Wikipedia:Ownership of content|selfref=y}} '''Ownership''' is the state or fact of legal possession and control over [[property]], which may be any asset, [[Tangible asset|tangible]] or [[Intangible asset|intangible]]. Ownership can involve multiple rights, collectively referred to as ''[[Title (property)|title]]'', which may be separated and held by different parties. The process and mechanics of ownership are fairly complex: one can gain, transfer, and lose ownership of property in a number of ways. To acquire property one can [[purchase]] it with [[money]], trade it for other property, win it in a bet, receive it as a [[gift]], [[inheritance|inherit]] it, [[Discovery (observation)|find]] it, receive it as [[damages]], earn it by doing work or performing services, [[Manufacturing|make]] it, or [[Homestead principle|homestead]] it. One can transfer or lose ownership of property by [[Sales|selling]] it for [[money]], [[Trade|exchanging]] it for other property, giving it as a gift, [[Lost, mislaid, and abandoned property|misplacing]] it, or having it stripped from one's ownership through legal means such as [[eviction]], [[foreclosure]], [[Search and seizure|seizure]], or [[Eminent domain|taking]]. Ownership implies that the owner of a property also owns any [[economic]] benefits or deficits associated with the property.
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