qualified property

noun — 3 senses

qualified property

noun
1

Ownership that is not absolute and complete.

2

Property whose subject matter is by nature not permanent (as wild animals reduced to possession but not in captivity).

  • A famous example of qualified property can be found in most wildlife preserves.
3

Law The right that a bailee has in the chattel transferred to him by the bailment.

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.