What Is Property?

Property is a term describing anything that a person or a business has legal title over, affording owners certain enforceable rights over said items.

Examples of property, which may be tangible or intangible, include automotive vehicles,

But properties can simultaneously be liabilities in some situations. Case in point: if a customer sustains an injury on a company’s property, the business owner may be legally responsible for paying the injured party’s medical bills.

Evaluating Property Assets

When auditors, appraisers, and analysts calculate the value of a business, they factor all of its underlying property into the equation. For example, a manufacturer of small machine parts may gross just $80,000 per year, but if it owns the factory in which it operates, and that building is appraised at $1 million, the overall value of the business would be substantially higher than profits alone suggest. Furthermore, if that same company holds a patent for a part, it has the potential to generate substantial income by licensing the rights to manufacture that item to a larger business, rather then producing the part in-house. In this way, licensing deals may create lucrative revenue streams that significantly boost a company’s overall value.

what does properties mean in science
what does properties mean in science


What are the 5 properties in science?

  • color (intensive)
  • density (intensive)
  • volume (extensive)
  • mass (extensive)
  • boiling point (intensive): the temperature at which a substance boils.
  • melting point (intensive): the temperature at which a substance melts.
  • What is the properties of matter and example?

    The properties of matter include any traits that can be measured, such as an object’s density, color, mass, volume, length, malleability, melting point, hardness, odor, temperature, and more.

    What are the properties of substances?

    Some of the physical properties of substances include their:

    • Changing states without altering or changing the identity of the substance.
    • Mass.
    • Density.
    • Volume.
    • Boiling point.
    • Melting point.
    • Conductivity.
    • Heat capacity.


    Intensive and Extensive Physical Properties

    The two classes of physical properties are intensive and extensive properties:

    • An intensive property does not depend on the amount of matter in a sample. It is a characteristic of the material regardless of how much matter is present. Examples of intensive properties include melting point and density.
    • An extensive property, on the other hand, depends on sample size. Examples of extensive properties include shape, volume, and mass.

      Matter can be identified through its properties.

      One clue to helps us identify matter is magnetism.


      Another property that can help us identify matter is solubility.


      Acetone is a chemical found in nail polish remover. Acetone does a great job dissolving nail polish, but it cannot dissolve salt.

      what does properties mean in science
      what does properties mean in science

      Density is an important property of matter.

      To better understand density you can think about the difference between a golf ball and a ping-pong ball. Even though they are about the same size, golf balls are heavier because they have a higher density.

      How something floats or sinks is also related to its density.  The helium balloon went up because its density is less than air. The balloon with sulfur hexafluoride sank because its density is greater than air.

      Skill development

      Children will develop their working scientifically skills by:

      • Asking their own questions about scientific phenomena.
      • Selecting and planning the most appropriate ways to answer science questions, including:
        • Finding things out using a wide range of secondary sources of information.
        • Grouping and classifying things.
        • Carrying out comparative and fair tests.
      • Recording data and results using scientific diagrams and labels, classification keys, tables, scatter graphs, bar and line graphs.
      • Drawing conclusions and raising further questions that could be investigated, based on their data and observations.
      • Using appropriate scientific language and ideas to explain, evaluate and communicate their methods and findings.