/tʃoʊz ɪn pəˈzɛʃən/ – Phrase
Definition: quyền trực tiếp chiếm hữu đồ vật, vật quyền, tài sản chấp hữu, quyền tuyệt đối.
A more thorough explanation: In legal terms, the word “chose in possession” refers to a tangible item or asset that is owned and physically held by an individual or entity. This type of property is in the immediate possession and control of the owner, as opposed to a “chose in action,” which refers to a right to something of value that is not in physical possession, such as a debt or a contractual right.
Example: The defendant was found in possession of stolen property, which led to their arrest.