Definition
A legal doctrine where you can actually gain ownership of property by possessing it openly and continuously for a statutory period, essentially rewarding squatting with a deed. Also known as adverse possession, this concept turns 'finders keepers' into actual law, provided you're bold enough to act like you own something for long enough. It's the legal system's way of saying 'use it or lose it' to absentee property owners.
Example Usage
After maintaining the abandoned lot next door for 15 years, they claimed ownership through prescription and won.
Source: Legal terminology via property law
Related Terms
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See “prescription” in Corporate Speak, Gen-Z Slang, Pirate Speak, and more.
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