Updated: Aug 20, 2021

The right to use the property of another person for profit but without enjoying either the rights attaching to ownership or the right to diminish its value.

Reference: The Penguin Business Dictionary, 3rd edt.

Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.