What is the concept of existence in ontology?

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What is the concept of existence in ontology?

The concept of existence in ontology refers to the fundamental question of what it means for something to exist. It explores the nature of being and the different modes of existence, such as physical objects, abstract entities, and even possible worlds. Ontology seeks to understand the ontological status of entities and their relationships, examining whether existence is objective or subjective, and whether it is dependent on perception or independent of it. Ultimately, ontology aims to provide a comprehensive understanding of the nature of existence itself.