Property

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.

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Famous quotes containing the word property:

    Things have their laws, as well as men; and things refuse to be trifled with. Property will be protected.
    Ralph Waldo Emerson (1803–1882)

    To throw obstacles in the way of a complete education is like putting out the eyes; to deny the rights of property is like cutting off the hands. To refuse political equality is like robbing the ostracized of all self-respect, of credit in the market place, of recompense in the world of work, of a voice in choosing those who make and administer the law, a choice in the jury before whom they are tried, and in the judge who decides their punishment.
    Elizabeth Cady Stanton (1815–1902)

    No man acquires property without acquiring with it a little arithmetic, also.
    Ralph Waldo Emerson (1803–1882)