Definition of "private property" []

• Property to which individuals or corporations have certain exclusive property rights, but do not necessarily possess. (noun)
• Property to which the state or other public organizations do not have exclusive property rights. (noun)

Wiktionary.org : Text is available under the Creative Commons Attribution-ShareAlike License

• "There were some who asserted that the Roman law derived private property solely from the right of first occupation (jus primi occupantis), as for instance Wagner"
• "The Roman jurists were too vividly conscious of the principle Salus publica suprema lex to exempt private property from all legal restrictions."
• "And though the Catholic Church, following in the footsteps of her Founder, has always recommended voluntary poverty as an evangelical counsel, yet she has at the same time asserted the justice and, as a rule, the necessity of private property and rejected the contrary theories of the Circumcellions, Waldenses,"