- Two standard abbreviations for the word "property" are "prop." and "propty."
- "Property" refers to things owned by a person or entity, from land or buildings to intellectual property or financial assets.
🏡 Mike's property includes a large house and five acres of farmland.
🏡 Mike wrote "LOC GOVT PROP TAX" in his notes as an abbreviation for "local government property tax."
When to use the abbreviation "prop" or "propty"
"Property" is a word that appears frequently in the fields of real estate, insurance, finance, and law. Here are some situations where you might use the abbreviation "prop" or "propty."
- In informal or casual writing, such as text messages or social media posts, to save space and typing effort.
- In technical or legal documents where space is limited or where abbreviations are commonly used.
- In notes, lists, or charts where space constraints make shorter forms preferable.
However, it's important to consider your audience and the context in which you're writing. While "prop" is widely understood, there may be situations where using the full word "property" is more appropriate for clarity and formality.
What does "property" mean?
General Definition: Something that is owned by a person, group, or entity. This can include physical assets such as land, buildings, or personal belongings, as well as intangible assets such as intellectual property or financial assets.
- Real Estate: In the context of real estate, property typically refers to land, buildings, or other structures that are owned by an individual or organization. It can also include the rights associated with owning or using that land or building.
- Characteristic or Quality: Property can also refer to a characteristic or quality of something. For example, the physical properties of a substance describe its characteristics such as color, texture, or density.
- Legal Rights: Property can also refer to legal rights or interests in something, such as intellectual property rights, which include patents, trademarks, and copyrights.
The use of "property" over time
The Ngram graph below shows how often "property" has been used in published materials from the 1800s to the 2000s. "Property" peaked around 1915 and has since decreased in use.
Example sentences of "property"
- Property ownership is a fundamental aspect of many societies.
- The real estate agent showed us several properties in the downtown area.
- Intellectual property rights protect inventions and creative works.
- Renting out properties can be a lucrative investment.
- The government seized their property for unpaid taxes.
- She inherited the property from her grandparents.
- The hotel's most valuable property is its oceanfront location.
- He's known for his vast property holdings across the country.
- The company's intellectual property is protected by patents and copyrights.
- We must respect others' property and not trespass on their land.
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Examples from the web
"Following a reassessment, fully 61 percent of property owners won reductions in assessed value." - The New York Times
"State lawmakers will unveil legislation on Tuesday that would eliminate enormous property tax breaks for Columbia University and New York University, which have expanded to become among New York City’s top 10 largest private property owners." - The New York Times
FAQ
What is the shortened word for "property"?
Two shortened words for "property" are "prop." and "propty." They are often used in notes and documents in real estate, law, finance, and other related fields.
Is "prop" short for "property"?
Yes, "prop" may be short for "property." However, be careful, as "prop" can also be short for other words like "proposition." Furthermore, "prop" is also a word on its own meaning objects or items used on stage for a performance or in a scene for a film. Make sure you look at the context closely to determine the meaning of "prop."
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