The relation between something and the point,
or other geometrical thing in space, where it is. For example, the realtionship between
a radio tower and a Point with a given lat and long.
Or a relationship between a park and its outline as a closed arc of points, or a road and
its location as a arc (a sequence of points).
Clearly in practice there will be limit to the accuracy of any such statement, but one would expect
an accuracy appropriate for the size of the object and uses such as mapping <http://data.europa.eu/949/graph/ontology> .