Examples of property in a Sentence
We are not responsible for the loss of personal property.
He was trying to sell stolen property.
He was caught trespassing on private property.
She owns all sorts of property around town.
The students were caught smoking on school property.
He owns several valuable properties in the area.
a developer of commercial properties
One of the properties of helium is its lightness.
A unique property of garlic is its strong odor.
The two plants have similar physical properties.
Recent Examples of property from the Web
GEICO Customers can report property damage with the company’s mobile app, at Geico.com or by calling 1-800-841-3000.
An export-services incentive gives companies a 4 percent tax rate and exemptions on dividends and property levies.
The property is currently owned by a development company based in Bowling Green.
The only remaining trust asset is an out of state vacation property.
Currently increases are limited to 18 to 25 percent, depending on the property.
For districts like Naperville School District 203, local property taxes will continue to fund much of the budget.
Over 130 people were killed, most of them workers at the plant, over $10 million in property was destroyed.
These are utility patents, the strongest intellectual-property protection available for crops.
These example sentences are selected automatically from various online news sources to reflect current usage of the word 'property.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
Origin and Etymology of property
First Known Use: 14th centurySee Words from the same year
Synonym Discussion of property
- material with a silky quality
- the property of not conducting heat
- remarks of an unseemly character
- the attributes of a military hero
Financial Definition of PROPERTY
What It Is
Marital property is property owned by a married couple.
How It Works
Let's say John Doe and Jane Smith get married. On the day of the wedding, John owns a 1988 Camaro, 10 sets of speakers, and his clothes. Jane owns a house, a Lexus, a house full of furniture and $200,000 in savings and investments. They buy a timeshare in Aruba together after the wedding.
Depending on the state in which John and Jane wed, live or divorce, everything they own while married might be considered marital property. That is, what is John's before the wedding is now Jane's too; what is Jane's before the wedding is now John's too.
Accordingly, when Jane decides to dump John, she may have to give a portion of her home equity, furniture, and savings and investments to John even though she purchased those before she was married. John's Camaro, speakers, and even his clothes may technically be half his. The timeshare must also be divided. In some states, only the property that John and Jane acquire during the marriage has to be split, and in some jurisdictions, the court can decide who gets what and whether the split is 50/50.
Why It Matters
Every state has its own laws regarding what constitutes marital property and how it is divided in the event of a divorce. In many cases, "equitable" does not mean "50/50." In the earliest days of marriage, the wife's property became the husband's property upon marriage; only when the husband died would a wife receive property. Those times have certainly changed.
It is important to note that some courts do not consider certain kinds of property marital property even if it is acquired during the marriage. These special exceptions often apply to property that a person inherits, property that a person obtains in exchange for something he or she acquired before the marriage, or property listed in a prenuptial or postnuptial agreement.
PROPERTY Defined for English Language Learners
Definition of property for English Language Learners
: something that is owned by a person, business, etc.
: a piece of land often with buildings on it that is owned by a person, business, etc.
: a special quality or characteristic of something
PROPERTY Defined for Kids
Definition of property for Students
- That car is my property.
- Sweetness is a property of sugar.
legal Definition of property
- a tax on the personal property of the corporation
- the insurance policy restricted property damage coverage to tangible property
Origin and Etymology of property
Seen and Heard
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