Public property is property, which is dedicated to the use of the public. It is a subset of state property. The term may be used either to describe the use to which the property is put, or to describe the character of its ownership (owned collectively by the population of a state). This is in contrast to private property, owned by an individual person or artificial entities that represent the financial interests of persons, such as corporations. State ownership, also called public ownership, government ownership or state property, are property interests that are vested in the state, rather than an individual or communities.
Read more about Public Property: Crown Property, Canada
Famous quotes containing the words public and/or property:
“It was a time of madness, the sort of mad-hysteria that always presages war. There seems to be nothing left but war—when any population in any sort of a nation gets violently angry, civilization falls down and religion forsakes its hold on the consciences of human kind in such times of public madness.”
—Rebecca Latimer Felton (1835–1930)
“Those whom the gods chose as their property must not consort with mortals.”
—Franz Grillparzer (1791–1872)