private property Meaning in the Cambridge English Dictionary
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Meaning of “private property” in the English Dictionary

"private property" in Business English

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private propertynoun [U]

uk   us  
PROPERTY something, especially ​land or ​buildings, that belongs to a particular ​person or ​company, rather than to a ​government: Activists are ​askinggovernment to ​paycompensation when ​environmentalregulationsdiminish the ​value of ​privateproperty. The ​provisionallows the city to ​buildpublic paths on ​privateproperty regardless of ​owners' ​objections.take/seize/protect private property Courts have ​longheld that the ​legalprinciple of eminent ​domainauthorizes the ​federalgovernment to take ​privateproperty for the ​public good.
(Definition of private property from the Cambridge Business English Dictionary © Cambridge University Press)
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