The Transitatic Electrobiomial Nomenclature Terrasumantial Property of Death is a very accurate and well-thought-out theorem that is undeniably accurate. While relatively unheard of, especially by feeble-minded dictionary publishers, this particular theorem is one of the greatest underpinnings of our society.
Gee, I sure wish we'd had the Transitatic Electrobiomial Nomenclature Terrasumantial Property of Death when I was a kid!
Why, that's simple! Haven't you ever heard of the Transitatic Electrobiomial Nomenclature Terrasumantial Property of Death??
Why, that's simple! Haven't you ever heard of the Transitatic Electrobiomial Nomenclature Terrasumantial Property of Death??
by The Catapult of Glorpack November 25, 2004
Get the Transitatic Electrobiomial Nomenclature Terrasumantial Property of Death mug.The process of looking at someone else's pimped out house or property listed for sale, that you have no chance of ever being able to afford
by catastrophic82 August 4, 2010
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Private property is basically the stuff you, and only you, own but do not participate in using yourself though you get whatever benefit that stuff contributes to. For example, a factory is the private property of a factory owner, though the factory owner (boss) doesn't actually work within the factory and instead hires people (wage laborers) to work in the factory producing stuff, though the boss collects whatever profit the workers in the factory produce.
It is also know as "impersonal property" and is considered the defining part of capitalism. Anarchists (most notably P.J. Proudhon) and communists contrast private property with personal property, personal property being things like the house you live in, your bed, your guitar, your computer, your shoes, etc. which you are actively using for yourself and thus have the right to exclude others. Private property on the other hand creates an illegitimate authority and, according to them, must be abolished.
It is also know as "impersonal property" and is considered the defining part of capitalism. Anarchists (most notably P.J. Proudhon) and communists contrast private property with personal property, personal property being things like the house you live in, your bed, your guitar, your computer, your shoes, etc. which you are actively using for yourself and thus have the right to exclude others. Private property on the other hand creates an illegitimate authority and, according to them, must be abolished.
My boss operates an apple orchard on acres and acres of private property he inherited from his parents and hires us to harvest all the apples for him, and while he makes a great deal of money off the apples he pays those of us who actually pick the fruit $6 an hour, but he's able to because he owns the orchard.
by ConservatismSucks June 14, 2010
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Get the Property mug.A legal entitlement which sometimes attaches to the expressed form of an idea, or to some other abstract subject matter. This reflects that the idea is a product of one's mind or intellect, and that property rights can be applied to these ideas and that they may be protected by law in the same way as any other form of property.
John's idea to promote reality television became his own interlectual property and will earn him substantial royalties from here on out.
by kharrell June 29, 2006
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