Missing some nuance, but that description is not too far off. The ownership/borrowing concept is based on the idea that every piece of data has a single owner.

Missing some nuance, but that description is not too far off. The ownership/borrowing concept is based on the idea that every piece of data has a single owner. Particularly in cyclical data structures, it's not very clear who should have final ownership over what. This can make graph-like data structures somewhat difficult to express.