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private property
legal designation of the ownership of property by non-governmental legal entities
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legal designation of the ownership of property by non-governmental legal entities
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Not who you're looking for? Others named private property: 1960 film by Leslie Stevens · 2022 film directed by Chadd Harbold · 2006 film by Joachim Lafosse · Two outsiders – Maya, a Nepali immigrant working overnight t
Private property is a legal designation for the ownership of property by non-governmental legal entities. Private property is distinguishable from public property, which is owned by a state entity, and from collective or cooperative property, which is owned by one or more non-governmental entities. Private property is foundational to capitalism, an economic system based on the private ownership of the means of production and their operation for profit. As a legal concept, private property is defined and enforced by a country's political system.
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