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:

    There is no such thing as “the Queen’s English.” The property has gone into the hands of a joint stock company and we own the bulk of the shares!
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)

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

    Children are potentially free and their life directly embodies nothing save potential freedom. Consequently they are not things and cannot be the property either of their parents or others.
    Georg Wilhelm Friedrich Hegel (1770–1831)