common property

common property
assets which are owned by a group, property owned by several people

English contemporary dictionary. 2014.

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Look at other dictionaries:

  • common property — see property Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. common property …   Law dictionary

  • common property — A term sometimes applied to lands owned by a local government and held in trust for the common use of the inhabitants. Property owned by tenants in common. Also property owned jointly by husband and wife under the community property system. +… …   Black's law dictionary

  • common property — noun 1. : land in which all members of the community hold equal rights 2. : land or other property in which a person other than the owner holds certain rights in common with the owner compare estovers 3. : information generally known prevent the… …   Useful english dictionary

  • common property — 1. property belonging to all members of a community. 2. someone or something regarded as belonging to the public in general: The personal lives of celebrities often become common property. 3. information that is commonly known; common knowledge:… …   Universalium

  • Common Property Amendment — The Common Property Amendment, also known as the Seventh Generation Amendment, is a proposal to amend the United States Constitution to define common property and to ensure such property remains under government control for public use and… …   Wikipedia

  • common property resource — a fishery resource owned by the public and regulated by the government. Not the same as open access since regulated …   Dictionary of ichthyology

  • Common Property Resource — ⇡ Allmenderessource …   Lexikon der Economics

  • Property — is any physical or virtual entity that is owned by an individual. An owner of property has the right to consume, sell, mortgage, transfer and exchange his or her property.cite web|url=|titl… …   Wikipedia

  • property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest …   Law dictionary

  • common ownership — ➔ ownership * * * common ownership UK US noun [U] ► LAW a situation in which several related companies, etc. are owned by one person or organization: »The BBC offers a variety of opinions despite common ownership of all its channels. »The… …   Financial and business terms

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