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.
TEI is concerned that the continued delay in issuing VAT registration numbers to businesses in the Acceding Countries--and the lack of mechanisms to register non-established foreign businesses in those countries--will prejudice cross-border trade in the months immediately following 1 May 2004.
The Commission said that ISPA had helped the acceding and candidate countries to strengthen their understanding and administrative capacity to implement key legislation.
European Commission President Romano Prodi has been in almost daily contact with the Prime Ministers and Presidents of the new Member States in order to agree the acceding countries' proposed nominations for the post of European Commissioner in the six-month period before the new Commission takes office.
Among the acceding countries, the Czech Republic and Slovakia recorded the highest proportion of science graduates, with 11% and 9% respectively, and Hungary (2%) and Malta (4%) the lowest.
In the acceding countries, the highest birth rate was found in Cyprus (11.
Unless the Member States and the Acceding Countries relax the requirement to include a valid EU VAT number on an invoice, there is a risk of significant disruption of trade, especially business-to-business supplies, following accession.
An ASEAN official, who declined to be named, said that an Australian deputy minister has threatened to make an issue out of Myanmar's slow progress toward democracy, violence in Thailand's southern region and corruption in some countries if ASEAN does not stop pushing Australia on acceding to the treaty.
And, he goes on, "the medium- to long-term prospects are better still": educational attainment statistics in the region are encouraging, public expenditure on education is high, and training of the current workforce is already at the same level in the acceding states as it is in Germany and France.
The institutional framework that will govern the monetary integration of current and future acceding countries was agreed in the accession negotiations, based on EU Treaty provisions, and is described well in the four papers.