Definitions from Wordnet 2.0

• any movable articles or objects used on the set of a play or movie; "before every scene he ran down his checklist of props"
• a basic or essential attribute shared by all members of a class; "a study of the physical properties of atomic particles"
• a construct whereby objects or individuals can be distinguished; "self-confidence is not an endearing property"
• any area set aside for a particular purpose; "who owns this place?"; "the president was concerned about the property across from the White House"
• something owned; any tangible or intangible possession that is owned by someone; "that hat is my property"; "he is a man of property";

Definitions from Wiktionary

• any area set aside for a particular purpose; "who owns this place?"; "the president was concerned about the property across from the White House" ,
• something owned; any tangible or intangible possession that is owned by someone; "that hat is my property"; "he is a man of property"; ,
• a basic or essential attribute shared by all members of a class; "a study of the physical properties of atomic particles" ,
• a construct whereby objects or individuals can be distinguished; "self-confidence is not an endearing property" ,
• any movable articles or objects used on the set of a play or movie; "before every scene he ran down his checklist of props"

The word property can have several meanings:

Property is something that belongs to someone. If someone buys a car, the car becomes their property. The Statue of Liberty is the property of the people of the United States. People who deal with buying or selling houses will often talk about "properties", meaning houses, apartments, offices etc.

Properties can also mean the things that make something interesting: the things that give it its characteristics. For example: "Elasticity is a property of rubber", in other words: rubber is elastic. This is close to the meaning for chemistry (see below).

In chemistry, properties refer to the things that describe a material. For example, water is liquid under normal conditions, boils at 100 degrees, is colourless, is odorless, and so on. All these descriptions are properties of water.

• Pennsylvania House panel considers eliminating school property tax - Pittsburgh Post-Gazette
  HARRISBURG -- The House Finance Committee today wrangled with a controversial idea -- eliminating school property taxes and replacing the money with higher state personal income taxes and higher state sales taxes. Rep. Jim Cox, R-Berks, said property taxes ... Read more on this news related to 'Property'
• Far East buyers beware in London property rush - Reuters UK
  LONDON (Reuters) - When Hong Kong businessman Mr. He paid a 35,000 pound ($56,000) deposit on a four-bedroom apartment in Britain, he believed it was a 40-minute walk from central London, his lawyer says. In fact it was a 40-minute journey by ... Read more on this news related to 'Property'
• Property Insurance Attorneys at Doyle Raizner Form a Task Force for Joplin Tornado Victims - YAHOO!
  One year after the record-breaking Joplin Tornado, many damage claims still go unpaid by insurance companies. As the deadline to file lawsuits gets closer and businesses and homes remain in disarray, Doyle Raizner LLP has formed a special task force, Renew ... Read more on this news related to 'Property'