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:

    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.)

    We do not deride the fears of prospering white America. A nation of violence and private property has every reason to dread the violated and the deprived.
    June Jordan (b. 1939)

    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)