private property
Definition
Tangible and intangible things owned by individuals or firms over which their owners have exclusive and absolute legal rights, such as land, buildings, money, copyrights, patents, etc. Private property can be transferred only with its owner's consent, and by due process such as sale or gift.
private property is in the Corporate, Commercial, & General Law subject.
private property appears in the definitions of the following terms: police power, Berle-Means thesis, condemnation, taking, eminent domain, vandalism, liberalism, collision insurance and confiscation
This content can be found on the following page:
http://www.businessdictionary.com/definition/private-property.html
email to a friend
print this definition
cite this definition
link to this page
