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English definition of “public property”

public property

noun [C or U]
 
 
GOVERNMENT, PROPERTY land, buildings, equipment, etc. that are owned by the government: The cost of repairing the damage to public property following the earthquake has soared.
information that is available to everyone, often information that was previously private : Under a post-Watergate law, White House records are public property.
(Definition of public property from the Cambridge Business English Dictionary © Cambridge University Press)
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