property rights

  

Definition

Bundle of rights an entity has in a thing owned. These are among the most basic rights in a free society. No right to property, however, is absolute in any society.

Use property rights in a sentence

  • The property rights were infringed upon by the trespassers which in turn made us increase our monetary expenditure on security.

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  • Knowing what the property rights are of your location will help to let you know how you can proceed with some projects.

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  • The deed in his hands gives him the property rights to the land and all it's chattel. You can consider the pond to be his, the line on the land is until the barn.

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