Property Definition–noun, plural -ties. | 1. | that which a person owns; the possession or possessions of a particular owner: They lost all their property in the fire. | | 2. | goods, land, etc., considered as possessions: The corporation is a means for the common ownership of property. | | 3. | a piece of land or real estate: property on Main Street. | | 4. | ownership; right of possession, enjoyment, or disposal of anything, esp. of something tangible: to have property in land. | | 5. | something at the disposal of a person, a group of persons, or the community or public: The secret of the invention became common property. | | 6. | an essential or distinctive attribute or quality of a thing: the chemical and physical properties of an element. | | 7. | Logic. | a. | any attribute or characteristic. | | b. | (in Aristotelian logic) an attribute not essential to a species but always connected with it and with it alone. | | | 8. | Also called prop. a usually movable item, other than costumes or scenery, used on the set of a theater production, motion picture, etc.; any object handled or used by an actor in a performance. | | 9. | a written work, play, movie, etc., bought or optioned for commercial production or distribution. | | 10. | a person, esp. one under contract in entertainment or sports, regarded as having commercial value: an actor who was a hot property at the time. | |
From Dictionary
Auction Definition–noun | 1. | Also called public sale. a publicly held sale at which property or goods are sold to the highest bidder. | | 2. | Cards. | b. | (in bridge or certain other games) the competitive bidding to fix a contract that a player or players undertake to fulfill. | | –verb (used with object) | 3. | to sell by auction (often fol. by off): He auctioned off his furniture. | |
From Dictionary
Related topics from Britannicaauction
the buying and selling of real and personal property through open public bidding. The traditional auction process involves a succession of increasing bids or offers by potential purchasers until the ...
Art, Antiques, and Collections
In 1997 the auction market celebrated its strongest year since 1991. The improvement was attributed to strength in the financial markets, particularly those in the United States, which gave consumers ...
Art, Antiques, and Collections
The art market continued to thrive in 2001 despite consumer reticence in some markets, and Christie's and Sotheby's continued to sustain challenges for domination from competitors. The two auction ...
Art, Antiques, and Collections
In 1999 the auction market enjoyed strong consumer confidence, benefiting from a formidable stock market, particularly in North America. Sotheby's and Christie's also made significant investments for ...
preemption
in U.S. history, policy by which first settlers, or "squatters," on public lands could purchase the property they had improved. Squatters who settled on and improved unsurveyed land were at risk that ...
Art, Antiques, and Collections
The art market in 1996 continued to rebound from the 1990 crash as auction sales remained buoyant. The major auction houses Christie's and Sotheby's had the most success for good paintings in the ...
property law
The Russian Federation's Civil Code permits mortgages and pledges to be used as devices for securing the performance of legal obligation, notably loan agreements. Although mortgages and pledges are ...
debtor and creditor
relationship existing between two persons in which one, the debtor, can be compelled to furnish services, money, or goods to the other, the creditor. This relationship may be created by the failure ...
Computers and Information Systems
E-commerce continued to grow with meteoric speed in 1999, powered by Internet retailers such as Amazon.com, which, under the leadership of its founder and CEO, Jeff Bezos (see Biographies), expanded ...
receivership
in law, the judicial appointment of a person, a receiver, to collect and conserve certain assets and to make distributions in accordance with judicial authorization. A receivership is properly an ...
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Related topics from Ask NewsPriceless items for sale at Unclaimed Property Auction
MSNBC - Found Dec. 5, 2008
You have a chance to get your hands on some unusual items Saturday at Nevada's annual Unclaimed Property Auction.
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Georgetown sells for just over $2 million at auction
Conde Nast Portfolio - Found Dec. 4, 2008
The South Tampa property where more than 1,200 luxury homes were planned was sold at a bankruptcy auction Wednesday for just over $2 million.
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Premier Real Estate Auctions, Inc. to Hold a Bank Liquidation Public ...
Thousands of homes worth £250,000 a year ago now up for sale for ...
State to hold abandoned property auction preview
Slight lift in auction rates
Business Spectator - Found Nov. 30, 2008
Auction clearance rates were quiet in Australia's major property markets over the weekend ended 30 November 2008. Melbourne's clearance rate improved ...
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Plunging real-estate market could ax trust-land auction
Arizona Republic - Found Nov. 28, 2008
... interest in commercial property, said Jamie Hogue, Arizona State Land Department deputy commissioner. The property, set for a Dec. 16 auction...
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Alberta law allows courts to seize, auction property used in crime
Frankfort-area farmland sells at auction for $5.969 million, $5,463 ...
Forbes.com - Found Nov. 26, 2008
... and Carroll counties in September,' said Rex Schrader, president of Schrader Auction Company, which marketed the property and managed the sale.
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Vick dogfighting house on the auction block
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