Community Property

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.

Other Words for Property

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
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Separate Property

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

Property Plant And Equipment Turnover

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

Property Plant And Equipment

Business / Accounting / Property Plant And Equipment: Tangible, long-lived assets acquired for use in business operations: includes land, buildings, machinery, equipment, and furniture. MORE

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