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:
“Things have their laws, as well as men; and things refuse to be trifled with. Property will be protected.”
—Ralph Waldo Emerson (1803–1882)
“When a strong man, fully armed, guards his castle, his property is safe. But when one stronger than he attacks him and overpowers him, he takes away his armor in which he trusted and divides his plunder.”
—Bible: New Testament, Luke 11:21.22.
“If property had simply pleasures, we could stand it; but its duties make it unbearable. In the interest of the rich we must get rid of it.”
—Oscar Wilde (1854–1900)