Example Concept: Rust's ownership model is based on three main principles: each value in Rust has a single owner, a value can only have one mutable reference or multiple immutable references at a time, and the owner is responsible for cleaning up the value when it goes out of scope. The borrow checker enforces these rules, ensuring that references do not outlive the data they point to, thus preventing dangling pointers and ensuring memory safety without needing a garbage collector.