common property Local community property intellectual property personal property property problems property injury insurance policy property suitable property tax community property
compare tenancy in prevalent at tenancy — Group property : property held jointly by spouse and spouse particularly : property especially from work acquired by both partner following marriage which is considered in states getting a community property process to belong to both equally spouses as undivided a single-50 % passions
on the corporation : property belonging to a certain individual — skilled terminable curiosity property : property passing to your surviving spouse that qualifies for that marital deduction When the executor so elects giving the wife or husband is entitled to get cash flow in payments produced not less than yearly for all times and that no-one has an influence to appoint any Portion of the property to anyone apart from the surviving wife or husband
see also antenuptial arrangement Take note: In most states, upon divorce marital property is split Based on exactly what the court docket determines is equitable. — movable property : property (as particular property or crops) that can be moved — personal property : property (as a motor vehicle) that's movable but not together with crops or other assets continue to attached to land : property besides real property a tax on the non-public property
— real property : property consisting of land, properties, crops, or other resources continue to attached to or inside the land or enhancements or fixtures completely hooked up into the land or perhaps a framework on it also : an curiosity, gain, suitable, or privilege in this kind of property
named also immovable property — individual property : property of the wife or husband that is not Neighborhood property or marital property Specifically : property obtained by a husband or wife right before marriage or individually throughout marriage (as by gift or usually by inheritance) — tangible property : property that features a tangible and corporeal existence and intrinsic financial price thanks to it the insurance plan plan limited property damage coverage to tangible property
These examples are programmatically compiled from numerous on the internet resources As an example existing utilization on the phrase 'property.' Any thoughts expressed in the illustrations never represent People of Merriam-Webster or its editors. Mail us suggestions about these examples.
— marital property : property obtained by possibly spouse through the system of the relationship that is topic to division on divorce
see also asset, estate, desire perception 1, possession sense 1e — abandoned property : property to which the proprietor has relinquished all legal rights Take note: When property is deserted, the owner gives up the sensible expectation of privateness about it. The finder of deserted property is entitled to keep it, along with a police officer may possibly acquire possession of deserted property as proof without violating the assure towards unreasonable queries and seizures while in the Fourth Modification into the U.S. Structure. — after-acquired property : property (as proceeds) that a debtor acquires after the commencement of a personal bankruptcy scenario and that's commonly viewed as Element of the individual bankruptcy estate : property acquired after the perfection of a lien or safety curiosity Specifically : these kinds of property obtained following the generation of the lien or stability desire that may be subject to the lien or gets to be collateral for the security interest : property transferred towards the estate of a decedent right after execution in the will — frequent property : property owned or utilized by more than one social gathering exclusively : property owned or leased by tenants in prevalent
possession in indivision at possession Observe: The states acquiring Local community property legislation are Louisiana, Arizona, California, Texas, Washington, Idaho, Nevada, New Mexico, and Wisconsin. — immovable property : real property With this entry specially, during the civil regulation of Louisiana : tracts of land with their ingredient sections — intangible property : property (for a inventory certification or Qualified license) that derives price not from its intrinsic Bodily character but from what website it signifies — intellectual property
of not conducting heat character applies to a peculiar and unique high quality of the detail or a category.
a : an excellent or trait belonging and particularly peculiar to somebody or matter b : an influence that an item has on One more item or within the senses c : virtue sense 2 d : an attribute typical to all members of a class
a : something owned or possessed specifically : a bit of real estate b : the special suitable to have, get pleasure from, and get rid of a point : ownership c : something to which a person or business enterprise contains a lawful title d : just one (like a performer) who's below contract and whose do the job is very useful e : a e book or script acquired for publication or creation
property implies a characteristic that belongs to a detail's critical character and will be employed to describe a sort or species.
see also QTIP belief at rely on Notice: Beneath federal tax law the property must be A part of the gross estate on the surviving partner at his or her own Dying, wherever it truly is topic to taxation.