PROPERTY


Meaning of PROPERTY in English

I

In law, something that is owned or possessed.

Concepts of property vary widely among cultures. In the West, property is generally regarded as either tangible (e.g., land or goods) or intangible (e.g., stock s and bond s or a patent ). Individual ownership of property is emphasized in Western societies, whereas in many non-Western societies property ownership is deemphasized or conceived on a more strictly communal basis. The use of property is extensively regulated throughout the West. Landowners injured by adjoining land uses may sue in nuisance in Anglo-American countries; similar actions exist in easement s (such as rights of way), profit s (such as the right to take minerals or timber), real covenants (such as a promise to pay a homeowners' association fee), and equitable servitude s (such as a promise to use the property for residential purposes only). The civil law has fewer categories, the general category "servitudes" tending to cover for them all, and is a bit more restrictive. A common means of acquiring property is by transfer from the previous owner or owners. Such transfers include sales, donations, and inheritance . See also adverse possession ; community property ; intellectual property ; prescription ; real and personal property .

II

[c mediumvioletred] (as used in expressions)

community property

intellectual property

property tax

real and personal property

Britannica English dictionary.      Английский словарь Британика.