Definition
Dominion over, and exclusive control and use of, a material object or property resulting from the fact of holding it (whether rightly or wrongly) in one's power. Possession is said to be the "nine-tenths of the law" and is a prima facie evidence of ownership-good against any other claim, except that of the legal owner. It may mature into legal ownership due to passage of time, as in adverse possession.
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The Gratification of Wealth
The gratification of wealth is not found in mere possession or in lavish expenditure, but in its wise application. ... Read more
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