Meaning of “public property” in the English Dictionary

"public property" in Business English

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public propertynoun [ C or U ]

uk us

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)