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:

    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)

    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)

    It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.
    Andrew Jackson (1767–1845)