property
noun
uk/ˈprɒpəti/ us [ U ] LAW
an object or objects that belong to someone:
They haven't yet learnt to respect people's property.
Accepting stolen property is against the law.
The phones are considered to be the property of the company.
[ C ] PROPERTY plural properties
a building or area of land that someone owns:
The number of properties coming on to the market in June increased at the fastest rate since May last year.
buy/sell a property When the owner died, the family sold the property.
a business/investment/residential property
a hotel/retail/office property
[ U ] PROPERTY
buildings and land, considered as things to be bought and sold:
They made their money in property.
buy/invest in/own property The university owns a lot of property in this part of town.
The expense to each property owner will be more than $200,000.
Property prices are very high in that area.
See also
artistic property
commercial property
distressed property
immovable property
industrial property
intellectual property
investment property
literary property
movable property
personal property
private property
public property
real property