We must raise $368 by March 31st to pay critical bills. Essential to continue our mission. Donate now!
Click here to advertise on CatholicCulture.org

Dictionary

A modern dictionary of Catholic terms, both common and obscure. Find accurate definitions of words and phrases.

Search:

Or browse the dictionary by selecting a letter!
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

OWNERSHIP

The exclusive right of disposing of thing as one's own. It is a right because ownership is more than merely holding a thing in one's possession. The disposition means doing anything possible with what is owned, e.g., keeping, changing, giving away, selling, using, or destroying; yet though of itself ownership is unlimited, the disposition of a thing may be limited from another source, say from the rights of higher order or from charity to the neighbor. Ownership implies disposing of an object as one's own to distinguish it from mere agency or trusteeship. And the freedom to dispose what is owned is exclusive because others are kept from the use of what is owned, which applies even in corporate ownership. No matter how large the partnership, anyone outside the owners has no claims on the property. Exclusive right to dispose of something is the most distinctive feature of ownership.

All items in this dictionary are from Fr. John Hardon's Modern Catholic Dictionary, © Eternal Life. Used with permission.

Subscribe for free
Click here to advertise on CatholicCulture.org
Shop Amazon

Recent Catholic Commentary

Insights on the enigma that is Pope Francis March 27
Our Most Characteristic Vice? March 27
Recognizing the Noonday Devil March 27
Patricia Jannuzzi on gay activists: And the real problem is? March 27
Surrogate parenthood = exploitation of desperate women March 27

Top Catholic News

Most Important Stories of the Last 30 Days
Pope announces Jubilee: a Year of Mercy CWN - March 13