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:

    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)

    The property of rain is to wet and fire to burn.
    William Shakespeare (1564–1616)

    Strange and predatory and truly dangerous, car thieves and muggers—they seem to jeopardize all our cherished concepts, even our self-esteem, our property rights, our powers of love, our laws and pleasures. The only relationship we seem to have with them is scorn or bewilderment, but they belong somewhere on the dark prairies of a country that is in the throes of self-discovery.
    John Cheever (1912–1982)