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A term used to describe things owned by someone else or a company is called property. This covers money, tangible assets such as buildings or vehicles, in addition to intangible items that can be employed to generate income. We classify property in two categories: personal property and real property. Real property is the entirety of immovable property that includes structures, land plants, structures and other fixtures. In contrast, personal property is movable property, such as goods, machinery, and animals. Intangible items like intellectual property, stocks, bonds, etc. are also included under personal property. In case where you would like special info about property, browse around here.