Property

A property can be defined as any legal ownership of tangible and intangible assets, which the owner being a person or a group joint venture can consume and use for the exchange of goods and services. Rights to own a property depends on the type of property whether personal properties which we all have like our cloths, wallets etc, private properties like property owned by an entity of a business, Intellectual property like which are own by rights and inventions; public property owned by the state or a nation etc.