property right

noun

Definition of property right

: a legal right or interest in or against specific property

Examples of property right in a Sentence

Recent Examples on the Web

That article was cited in 1970 in a landmark US Supreme Court decision, which broadened the definition of property rights to include licenses, contracts, and welfare benefits. Sam Roberts, BostonGlobe.com, "Charles Reich, who saw ‘The Greening of America,’ dies at 91," 19 June 2019 In the property rights case last week, the justices set a clear legal standard that natural gas companies can’t trespass on a person’s land, without permission, to tap into gas reserves from neighboring tracts. Ken Ward Jr., ProPublica, "Fracking Companies Lost on Trespassing, but a Court Just Gave Them a Different Win," 12 June 2019 The concept of property rights formed the basis for the runaway success of American capitalism. Andy Kessler, WSJ, "Big Brother Isn’t Watching You," 4 Nov. 2018 Afterward, the bipartisan act granted property rights to universities and others that made inventions using federal funding, and commercialization soared. STAT, "Federally funded research drives nearly one-third of U.S. patents, report finds," 20 June 2019 Starting around 1958, government interference in the economy, including price and exchange controls, higher taxes, and restrictions on property rights, led to decades of stagnation, with per capita real income declining 0.13% from 1960-97. Daniel Pipes, WSJ, "Venezuela’s Tyranny of Bad Ideas," 26 Aug. 2018 This seems a common-sense protection of individual property rights against government abuse. Christina Martin, WSJ, "For $8.41 in Unpaid Taxes, the Government Took Uri Rafaeli’s House," 7 Dec. 2018 The president has been threatening tariffs against China since U.S. officials concluded that Beijing abuses American intellectual-property rights. Justin Sink, Bloomberg.com, "Trump Approves Tariffs on $50 Billion of Chinese Goods," 14 June 2018 Among the cases are petitions about land and property rights, noise, religious freedom and from people trying to protect trees along the length of the metro line. Corinne Abrams, WSJ, "‘You Have to Actually Cut Open Mumbai’s Belly’—Inside One of the World’s Most Audacious Transit Projects," 6 Jan. 2019

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'property right.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of property right

1848, in the meaning defined above

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9 Jul 2019

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The first known use of property right was in 1848

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More Definitions for property right

property right

noun

Legal Definition of property right

1 : a right or interest in or involving property (as real property) a conflict between environmental regulations and property rights
2 : property interest at interest 3b

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