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Property is frequently defined as the rights of a person with respect to a thing. The difficulties with this definition have long plagued legal theorists. The same problem of definition occurs in non-Western societies as well. In Russia, for example, the word property (sobstvennost) can have various meanings.
USA, English. Property is a noun, which may be used as an adjective to indicate what kind of rights are involved. In the context of intellectual property, proprietary is an adjective meaning privately owned and not publicly available. (Propriety is the state of being proper, and is not related to property.here is a possibility that intellectual propriety is considered as a specific legal term in which propriety IS directly equivalent to property, but I wasn't able to find any evidence to support that theory. john_riemann_soong said: â. Mind you, the original and true meaning of propriety *is* property.