A more thorough explanation:

Definition: The specific place or position of a person or thing. It can also refer to the act or process of locating. In real estate, it is the designation of the boundaries of a particular piece of land. In mining law, it is the act of appropriating a mining claim and the claim itself. In civil law, it is a contract for the temporary use of something for hire.

• My house's location is on Main Street.
• The location of the lost hiker was found by the search and rescue team.
• The real estate agent showed us the location of the property on a map.
• The miners staked their mining location in the mountains.
• The company signed a location contract to rent equipment for their construction project.

The first three examples illustrate the general definition of location as a specific place or position. The fourth example shows how location is used in mining law to refer to the act of appropriating a mining claim and the claim itself. The fifth example demonstrates how location is used in civil law to refer to a contract for temporary use.