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:
“O Jesse had a wife, a mourner all her life
And the children they were brave,
But the dirty little coward that shot Mr. Howard
He laid Jesse James in his grave.”
—Administration in the State of Miss, U.S. public relief program (1935-1943)
“It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to pay the aggrieved party may seize on the property belonging to the other, its citizens or subjects, sufficient to pay the debt without giving just cause of war.”
—Andrew Jackson (1767–1845)