Mülk is a term that refers to property or ownership, particularly in the context of land and real estate. It is often associated with the concept of private ownership, where individuals or entities have legal rights over a specific piece of land or building. This term is commonly used in various legal and economic discussions regarding property rights. In many cultures, mülk can also signify wealth and status, as owning property is often seen as a sign of financial stability. The management and transfer of mülk are governed by laws that vary by region, influencing how property is bought, sold, and inherited.