Possession Of Stolen Goods Legal Meaning and Definition

Here is a simplified definition of the legal term Possession Of Stolen Goods.

Possession of Stolen Goods (noun)

This refers to the unlawful act of knowingly holding or keeping items that were acquired through illegal methods, such as theft, fraud, or smuggling. If the individual did not know that the items were stolen, the items are typically returned to the rightful owner and it may not be considered a crime.