### Question
What does property mean?


### Answer
**Property** has the following meaning in *26 U.S.C. § 1234*:

> stocks and securities (including stocks and securities dealt with on a “when issued” basis), commodities, and commodity futures

#### Citation:
  - *26 U.S.C. § 1234*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter P-Capital Gains and Losses > PART IV-SPECIAL RULES FOR DETERMINING CAPITAL GAINS AND LOSSES**

