How do I set the rights to a folder or an item?
As a default, members have the same rights in a folder as in the group in which the folder has been stored. When you store an item in a folder, the rights to this item will be identical to the rights to the folder.
You can edit the standard rights to a folder or an item. For instance, you can set who will be allowed access to the folder or the item, and which actions they will be entitled to.
Using edited security will allow you to, for instance, make a folder available to a select number of group members. This is useful when you are working on a concept that you do not want to make available yet to all group members.
Read more about editing the rights to a folder or an item.