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property (n.)

c. 1300, properte, "nature, quality," later "possession, thing owned" (early 14c., a sense rare before 17c.), from an Anglo-French modification of Old French propriete "individuality, peculiarity; property" (12c., Modern French propreté; see propriety), from Latin proprietatem (nominative proprietas) "ownership, a property, propriety, quality," literally "special character" (a loan-translation of Greek idioma), noun of quality from proprius "one's own, special" (see proper). For "possessions, private property" Middle English sometimes used proper goods. Hot property "sensation, a success" is from 1947 in stories in Billboard magazine.

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Definitions of property from WordNet

property (n.)
something owned; any tangible or intangible possession that is owned by someone;
he is a man of property
that hat is my property
Synonyms: belongings / holding
property (n.)
a basic or essential attribute shared by all members of a class;
property (n.)
any area set aside for a particular purpose;
the president was concerned about the property across from the White House
Synonyms: place
property (n.)
a construct whereby objects or individuals can be distinguished;
self-confidence is not an endearing property
Synonyms: attribute / dimension
property (n.)
any movable articles or objects used on the set of a play or movie;
Synonyms: prop
From wordnet.princeton.edu