property

property definition - business

property

  1. Something valuable, tangible or intangible, that is owned.
  2. A trait or attribute of something. For example, a desirable property of bonds is the semiannual interest payment.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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