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:

    By avarice and selfishness, and a groveling habit, from which none of us is free, of regarding the soil as property, or the means of acquiring property chiefly, the landscape is deformed, husbandry is degraded with us, and the farmer leads the meanest of lives. He knows Nature but as a robber.
    Henry David Thoreau (1817–1862)

    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)

    When a strong man, fully armed, guards his castle, his property is safe. But when one stronger than he attacks him and overpowers him, he takes away his armor in which he trusted and divides his plunder.
    Bible: New Testament, Luke 11:21.22.