Meaning & Definition of word "Property"

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    Property

    /ˈprɒp.ə.ti/

    noun:

    • 1. A tangible or intangible asset owned by an individual or entity.
      • Example: The house is his most valuable property.
    • 2. A characteristic or quality of something.
      • Example: Flexibility is a key property of this material.
    • 3. Land and buildings collectively considered.
      • Example: She invested in commercial property to diversify her portfolio.
    • 4. A right or prerogative to possess or use something.
      • Example: Intellectual property laws protect the rights of creators.

    verb:

    • 1. To make something a property of someone or something.
      • Example: The artist property her works to a museum for display.

    Etymology

    Middle English: propirte, from Old French: propreté, from Latin: proprietas

    Common Phrases and Expressions

    intellectual property:

    Legal rights concerning inventions, designs, and artistic works.

    real property:

    Land and any permanent structures attached to it.

    personal property:

    Movable items owned by an individual.

    community property:

    Property acquired during a marriage that is owned jointly by both spouses.

    Related Words

    ownership:

    The state or fact of owning something.

    real estate:

    Property consisting of land and the buildings on it.

    asset:

    A useful or valuable thing, person, or quality.

    estate:

    All the money and property owned by a particular person, especially at death.

    Slang Meanings of property

    Meaning: Property

    Example Sentence: He’s got mad property in that neighborhood.

    Meaning: My crib

    Example Sentence: Let’s hang out at my crib this weekend.