property noun (plural properties) [U] a thing or things that are owned by sb; a possession or possessions: This building is government property. ◆ Be careful not to damage other people's property.See also INTELLECTUAL PROPERTY, LOST PROPERTY, PUBLIC PROPERTY [U] land and buildings: The price of property has risen enormously. ◆ property prices ◆ a property developer [C] a building or buildings and the surrounding land: There are a lot of empty properties in the area. [C, usually pl.] (formal) a quality or characteristic that sth has: Compare the physical properties of the two substances. ◆ a plant with medicinal properties
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