About folder privileges
The Encyclopedia volume supports the following privileges for a folder:

Read or visible
A user can see the folder.

Write
A user can create, change, and rename the folder.

Delete
A user can delete the folder.

Grant
A user can change privileges on the folder.
Privileges for Encyclopedia volume folders differ from privileges for folders in other file systems, such as Windows and UNIX, in the following ways:
Read privilege on a folder does not extend read privileges to items in the folder.
Write privilege on a folder does not include read or delete privilege.

Grant privilege is separate from write privilege.