The "Principle of Instantiation" or "Principle of Exemplification" is a thesis in philosophy that states that there can be no uninstantiated or unexemplified properties (or universals). In other words, it is impossible for a property to exist which is not had by some object. Aristotle is well known for endorsing the principle and Plato for denying it.
Consider a chair. Presumably chairs did not exist 150,000 years ago. Thus, according to the Principle of Instantiation, the property of being a chair did not exist 150,000 years ago either. Similarly (and assuming objects are colored), if all red objects were to suddenly go out of existence, then the property of being red would likewise go out of existence.
Those who endorse the Principle of Instantiation are known as in re realists or "immanent realists".
Famous quotes containing the word principle:
“No habit or quality is more easily acquired than hypocrisy, nor any thing sooner learned than to deny the sentiments of our hearts and the principle we act from: but the seeds of every passion are innate to us, and nobody comes into the world without them.”
—Bernard Mandeville (1670–1733)