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PROPERTY

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Originally appearing in Volume V22, Page 441 of the 1911 Encyclopedia Britannica.
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PROPERTY , that which is peculiarly one's own, that which belongs to or is characteristic of an individual. The Latin proprietas (formed from See also:

pro prius, one's own, possibly derived from props, near) in See also:post-Augustan times was extended to ownership and rights of See also:possession. It is thus, in See also:law, the generic See also:term for rights of ownership and for things subject to the rights of ownership. It is " the most comprehensive of all terms which can be used, inasmuch as it is indicative and descriptive of every possible See also:interest which the party can have " (see Langdale, M. R., in See also:Jones v. See also:Skinner, 1835, 5 L. J. Ch. 90). In See also:Roman law and in See also:modern systems of law based on it, property is divided into " movables " and " immovables "; in See also:English law, on the other See also:hand, the See also:division is into See also:personal property, including chattels real, and real property (see PERSONAL PROPERTY and REAL PROPERTY). Theatrical usage has given a specific meaning to the word, that of any See also:article used on the See also:stage during the performance of a See also:play.

End of Article: PROPERTY

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