Definition of rights: a moral or legal entitlement to have or do something. Definition of entitlement: a guarantee of access to something. It's a bit circular, because a right is something you're entitled to and being entitled to something means having a right to something. Being entitled to rights means deserving to have something, or have access to something, usually, but it can depend a little bit on context!

This is tough to answer. Haha. Entitle to means that not only do you have the right to own this something, but that it pretty much belongs to you. So, the phrase, "The rights it's entitle to" would mean that thing that is referred to as "it" has the ability to own those rights. Hope this helped. ^-^