Example Concept: In Rust, the ownership model is based on three main principles: each value has a single owner, ownership can be transferred (moved), and values are automatically deallocated when their owner goes out of scope. This prevents memory leaks by ensuring that memory is freed when it is no longer needed, and it avoids dangling pointers by disallowing references to deallocated memory. The borrow checker enforces these rules, allowing safe access to data through borrowing without transferring ownership.