owner meaning of owner in Longman Dictionary of Contemporary English
It is distinguished from real property, or real estate. In the civil law systems personal property is often called movable property or movables – any property that can be moved from one location or another. This term is used to distinguish property that different from immovable property or immovables, such as land and buildings. This also means the direct owner of the item is in full control of them/it until either stolen, confiscated by law enforcement, or destroyed. Depending on the charter at the foundation of the entity, and depending on the legal framework under which the entity was created, the form of ownership is determined once and for all time. An individual or group of individuals can own shares in corporations and other legal entities, but do not necessarily own the entities themselves. A legal entity is a legal construct through which the law allows a group of natural persons to act as if it were an individual for certain purposes. Concerning ownership of means of produ