State Ownership
/ˈsteɪt ˈoʊnərʃɪp/
Definitions
- (n.) Legal status whereby the state holds title to and controls property or assets.
State ownership of natural resources often shapes national economic policy.
- (n.) Form of public ownership where government exercises control over enterprises or infrastructure.
State ownership of railways ensures public access to transportation.
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Commentary
State ownership is distinct from mere regulation; it implies legal title and control by the government over property or enterprises.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.