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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. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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