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:

    “The awareness of the all-surpassing importance of social groups is now general property in America.”
    —Johan Huizinga (1872–1945)

    “I must feel pride in my friend’s accomplishments as if they were mine,—and a property in his virtues. I feel as warmly when he is praised, as the lover when he hears applause of his engaged maiden.”
    —Ralph Waldo Emerson (1803–1882)

    “It is as if being was to be observed,
    As if, among the possible purposes
    Of what one sees, the purpose that comes first,
    The surface, is the purpose to be seen,
    The property of the moon, what it evokes.”
    —Wallace Stevens (1879–1955)