/pəˈzɛʃən/ – Noun
Definition: sự chiếm hữu, quyền chiếm hữu, vật bị chiếm hữu, tài sản, việc chấp hữu.
A more throughout explanation: In legal terms, possession refers to the actual control or holding of property or assets by a person or entity, with the intention of exercising control over it. Possession can be physical, such as holding an object in one’s hand, or constructive, where a person has the right to control the property even if they do not physically hold it. Possession is a key concept in property law and can have implications for ownership rights, responsibilities, and liabilities.
Example: In the case of Smith v. Jones, the court found that the defendant had exclusive possession of the stolen property at the time of the crime.