Government organizations, also known as state property or government ownership, public ownership, are property interests that are vested in the state, rather than a person or communities.
State ownership may demote to state ownership or manage of any benefit, industry, or enterprise at any stage, regional or local, national; or to general non-state ownership. The procedure of bringing a benefit into public ownership is called nationalization or municipalisation. Mainly market-based economies, government-owned assets are often managed and run like joint-stock corporations with the government owning a controlling stake of the shares. This model is often referred to as a state-owned enterprise.
When ownership of a reserve is vested in the state, or any division of the state such as a local authority, individuals may have utilize rights, or even partial management or control rights, although these rights are not property rights as they are not contagious.
There is a difference to be finished between state ownership and public property. The previous may refer to possessions operated by a particular organization of the state used completely by their users or that organization, such as a research laboratory, while public possessions refers to assets and capital that are available to the entire public for use, such as a public park.