noun
people's ownership; publicly owned
Refers to ownership by the people, often in political or economic contexts such as state-owned enterprises or collective property.
その土地は人民所有とされている。
The land is considered to be under people's ownership.
人民所有の企業は利益を社会に還元する。
Publicly owned enterprises return profits to society.
Compound of 人民 (people) and 所有 (ownership). The term is used in political and economic discourse, likely influenced by socialist and democratic concepts of collective ownership.