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.

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":

Regulatory Taking
... 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 power without actually divesting the ...
Defining An Emergency
... 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 ... statutes as "a condition where life, health or property is in jeopardy, and the prompt summoning of aid is essential." Whilst most emergency ...
History of Suffrage Around The World - New Zealand
... 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 ... who met all voting qualifications except that of property ...
Property in Philosophy - Contemporary Views
... who believe that natural persons enjoy rights to own property and to enter into contracts, there are two views about John Locke ... 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 ...
Women's Rights - Property Rights
... laws that denied them the right to their property once they married ... 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 ...

Famous quotes containing the word property:

    There is no such thing as “the Queen’s English.” The property has gone into the hands of a joint stock company and we own the bulk of the shares!
    Mark Twain [Samuel Langhorne Clemens] (1835–1910)

    For experience showed her that she had not, by marrying a man of a large fortune, obtained any great proportion of property which she could call her own or command at her pleasure.
    Sarah Fielding (1710–1768)

    In the Greek cities, it was reckoned profane, that any person should pretend a property in a work of art, which belonged to all who could behold it.
    Ralph Waldo Emerson (1803–1882)