state property

Belongs to nation

State property is anything owned by a government rather than private individuals or corporations: The factory was seized and converted to state property.

The term appears frequently in discussions of communist or socialist systems where private ownership is restricted.

It can also refer to public lands, buildings, and infrastructure: Vandalism of state property carries heavy penalties.

Opposites
ownership type

state propertyprivate property

Individually owned assets

private ownership · personal property · private enterprise · family property · individual ownership

economic system

state propertyprivatization

State sells public assets

free market · capitalism · private enterprise · laissez-faire · market economy

Family

state, property, states, stated, stating, stately, statement, statements, stateless

Familiarity
Top 200,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G