{"iri":"https://folio.openlegalstandard.org/R3DWdkCuByi2y5EimZYMab","label":"folio:owned","sub_class_of":[],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":null,"alternative_labels":["owned"],"translations":{},"hidden_label":null,"definition":"In legal and financial contexts, \"owned\" refers to the possession or holding of rights, titles, or interests in property, assets, or securities. This implies a legal relationship between the owner and the object of ownership, conferring certain rights, such as usage, control, and transfer. Ownership can apply to tangible assets like houses or intangible assets like shares in a company.","examples":["Company owned Property","Person Owned House","Shareholder Owned Shares"],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}