accession

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Accession

1. In law, the process by which one acquires property from another property one already owns. Accession occurs when a produced property automatically belongs to the owner of the producing property. For example, a corn cob grown in a garden accedes to the owner of the corn stalk. Likewise, corn starch belongs to the owner of the original corn from which it was made.

2. In international relations, the process by which a country joins the European Union.

3. See: Acquisition.

accession

The right to own things that become a part of something you already own.When a tenant adds built-in cabinetry or other fixtures to a building,they become the property of the landlord by virtue of accession. Also frequently encountered in the realm of riparian (water) rights, such as new land created by dry river beds or retreating tidal lands.

References in periodicals archive ?
The above elaborated data certainly present a gloomy picture of the current state of relations between New Zealand and the states of the acceding East European region.
If the acceding country business cycle is correlated to a significant degree with the euro area, the costs to that country for giving up monetary independence may not be very high.
The acceding countries should therefore give careful consideration to the timing of their ERM II participation.
During the last EU enlargement, businesses were assured that the VIES database would be updated promptly and that taxpayers across the EU would be able to consult with local tax authorities to validate the VAT number of their EU trading partners in the acceding Member States.
Government budget figures of acceding countries are not yet completely in line with ESA95 standards and full compliance may yield higher deficits than suggested by the figures released so far.
On behalf of Tax Executives Institute, I would like to thank you for your 22 March 2004, letter responding to TEI's concerns about the practical implications of making intra-EC supplies of goods to VAT-registered customers in Acceding Countries on or after 1 May 2004.
A higher ratio of outgoing teachers was found in the acceding countries than existing EU Member States.
Trade Representative not later than one year after the United States extends permanent normal trade relations (PNTR) to the products of Russia, and annually thereafter, to submit a report to the Committee on Finance of the Senate and the Committee on Ways and Means of the House of Representatives assessing the extent to which Russia is implementing the WTO Agreement (including the Agreement on the Application of Sanitary and Phytosanitary Measures and the Agreement on Trade-Related Aspects of Intellectual Property Rights) and the progress Russia has made in acceding to the Information Technology Agreement (ITA) and the Agreement on Government Procurement (GPA).
By acceding to it, Pakistan became a state party to the convention and had to submit periodic reports every four years about steps taken to eliminate discrimination against women.
Local and Regional Authorities in the Accession Process: Inter-parliamentary Colloquium for MEPs and MPs from acceding and candidate countries (with participation of mayors of major cities and regional leaders).
is apparently concerned that acceding to SEANWFZ as it now stands would affect the navigation rights of its nuclear-armed vessels and would impact U.