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 better to write of laughter than of tears, for laughter is the property of man.
    François Rabelais (1494–1553)

    Never let the estate decrease in your hands. It is only by such resolutions as that that English noblemen and English gentlemen can preserve their country. I cannot bear to see property changing hands.
    Anthony Trollope (1815–1882)

    A lawyer’s dream of Heaven: Every man reclaimed his own property at the resurrection, and each tried to recover it from all his forefathers.
    Samuel Butler (1835–1902)