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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.
Also found in: Financial, Wikipedia. n. physical articles (things) as distinguished from incorporeal assets such as rights, patents, copyrights, and franchises. Commonly tangible property is called personalty. (See: intangible property, personal property, personalty) TANGIBLE PROPERTY. That which may be felt or touched; it must necessarily be corporeal, but it may be real or personal. A house and a horse are, each, tangible property. The terni is used in contradistinction to property not tangible.