easement

easement definition - business

easement

The right of limited access to another person's property. For example, a utility may have an easement to run electric lines over or under property it does not own.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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