Example Concept: Rust's ownership model is based on three core principles: each value in Rust has a single owner, ownership can be transferred (moved), and values are automatically deallocated when their owner goes out of scope. Borrowing allows temporary access to data without transferring ownership, with the borrow checker ensuring that references do not outlive the data they point to. This model eliminates common memory errors found in languages like C++ by enforcing these rules at compile time.