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.

Read more about Property.

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)

    It is clearly better that property should be private, but the use of it common; and the special business of the legislator is to create in men this benevolent disposition.
    Aristotle (384–322 B.C.)

    All over this land women have no political existence. Laws pass over our heads that we can not unmake. Our property is taken from us without our consent. The babes we bear in anguish and carry in our arms are not ours.
    Lucy Stone (1818–1893)