Property
Property is any physical or intangible entity that is owned by a person or jointly by a group of people or a legal entity like a corporation. Depending on the nature of the property, an owner of property has the right to consume, sell, rent, mortgage, transfer, exchange or destroy it, or to exclude others from doing these things.
Read more about Property.
Famous quotes containing the word property:
“No man is by nature the property of another. The defendant is, therefore, by nature free.”
—Samuel Johnson (1709–1784)
“Those whom the gods chose as their property must not consort with mortals.”
—Franz Grillparzer (1791–1872)
“By rendering the labor of one, the property of the other, they cherish pride, luxury, and vanity on one side; on the other, vice and servility, or hatred and revolt.”
—James Madison (1751–1836)