the.com/property
The legal promise that the universe will back you up if someone touches your stuff.
means Something owned by a person or entity, along with the legal rights to use, sell, or control it.
from From Latin proprius, meaning 'one's own' or 'particular to oneself' — the same root that gives us 'proper' and 'appropriate.' It traveled through Old French propriété before settling into English, carrying its core idea intact: a thing so bound to you that it's considered a particular extension of your self, not just something nearby.
- bundle theory
- lawyers call ownership a bundle of separable rights, not one thing
- intangible version
- ideas and code can be property too, via IP law
- not absolute
- governments can seize it via eminent domain, with compensation
- ancient roots
- Roman law already split ownership from mere possession