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property noun (QUALITY) âº [ C ] a quality in a substance or material, especially one that means that it can be used in a particular way: One of the properties of copper is that it conducts heat and electricity very well. We value herbs for their taste, but we forget that they also have medicinal properties.
Related Terms. Tangible property (other than land or buildings) that is used in the operations of a business. Examples of equipment include devices, machines, tools, and vehicles. I could not play in the game because I forgot some of my equipment at the house and no one had any extra.