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.
Important widely recognized types of property include real property (the combination of land and any improvements to or on the land), personal property (physical possessions belonging to a person), private property (property owned by legal persons or business entities), public property (state owned or publicly owned and available possessions) and intellectual property (exclusive rights over artistic creations, inventions, etc.), although the latter is not always as widely recognized or enforced. A title, or a right of ownership, establishes the relation between the property and other persons, assuring the owner the right to dispose of the property as the owner sees fit.
Read more about Property: Overview, Theories of Property, Property in Philosophy
Other articles related to "property":
... subjects aged 21 or over who owned or rented sufficient property, and were not imprisoned for a serious offence ... Communally owned land was excluded from the property qualification, thus disenfranchising most Māori (indigenous) men ... extended to holders of miner's licenses who met all voting qualifications except that of property ...
... Britain began to challenge laws that denied them the right to their property once they married ... the British Parliament began passing statutes that protected women's property from their husbands and their husbands' creditors ... These laws were known as the Married Women's Property Acts ...
... be one of the following Immediately threatening to life, health, property or environment ... Have already caused loss of life, health detriments, property damage or environmental damage Have a high probability of escalating to cause immediate danger to life, health, property or environment In the ... by those state statutes as "a condition where life, health or property is in jeopardy, and the prompt summoning of aid is essential." Whilst most emergency services agree on protecting human health, life and ...
... taking refers to a situation in which a government regulates a property to such a degree that the regulation effectively amounts to an exercise of the government's eminent domain ...
... Among contemporary political thinkers who believe that natural persons enjoy rights to own property and to enter into contracts, there are two views about John Locke ... characteristic of capitalist market economy is the functioning state protection of property rights in a formal property system where ownership and transactions are clearly recorded ... These property rights and the whole formal system of property make possible Greater independence for individuals from local community arrangements to protect their assets Clear ...
Famous quotes containing the word property:
“Let’s call something a rigid designator if in every possible world it designates the same object, a non-rigid or accidental designator if that is not the case. Of course we don’t require that the objects exist in all possible worlds.... When we think of a property as essential to an object we usually mean that it is true of that object in any case where it would have existed. A rigid designator of a necessary existent can be called strongly rigid.”
—Saul Kripke (b. 1940)
“General education is the best preventive of the evils now most dreaded. In the civilized countries of the world, the question is how to distribute most generally and equally the property of the world. As a rule, where education is most general the distribution of property is most general.... As knowledge spreads, wealth spreads. To diffuse knowledge is to diffuse wealth. To give all an equal chance to acquire knowledge is the best and surest way to give all an equal chance to acquire property.”
—Rutherford Birchard Hayes (1822–1893)
“For wisdom is the property of the dead,
A something incompatible with life; and power,
Like everything that has the stain of blood,
A property of the living; but no stain
Can come upon the visage of the moon
When it has looked in glory from a cloud.”
—William Butler Yeats (1865–1939)