Example Concept: In Rust, ownership rules dictate that each value in the program has a single owner, and when the owner goes out of scope, the value is automatically deallocated. Borrowing allows temporary access to a value without transferring ownership, and the borrow checker ensures that references do not outlive the data they point to. This strict management of memory through ownership and borrowing prevents memory leaks by ensuring that all allocated memory is properly released when no longer needed.