Business / Taxes / Community Property: In nine US states, any assets, investments, and income that are acquired during a marriage are considered community property, or owned jointly by the married couple. For example, if you're married, live in one of these states, and buy stock, half the value of that stock belongs to your spouse even if you paid the entire cost of buying it. In a divorce, the value of the community property is divided equally. However, property you owned before you married or that you received as a gift is generally not considered community property. The community property states are Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin.
Property Noun Synonyms: characteristic, attribute, quality, feature, trait, mark, hallmark, idiosyncrasy, peculiarity, oddity, quirk, haecceity, quiddity
Property Adverb Synonyms: possessions, belongings, effects, gear, paraphernalia, chattels
Business / Real Estate / Separate Property: Under community property law, property owned solely by either spouse before the marriage, acquired by gift or inheritance after the marriage or purchased with separate funds after the marriage. MORE
Business / Accounting / Property Plant And Equipment Turnover: A measure of how well property, plant, and equipment are being utilized in generating a period's sales: computed by dividing net sales by average property, plant and equipment. MORE