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personal property
(redirected from Personal possession)

   Also found in: Legal, Financial, Wikipedia 0.10 sec.
personal property: see property property, rights to the enjoyment of things of economic value, whether the enjoyment is exclusive or shared, present or prospective. The rightful possession of such rights is called ownership.
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But this new status is not a personal possession, something we hold on to for ourselves.
Even before mandatory evacuations were called, residents in many threatened areas gathered up personal possessions and pets and fled to safety.
If the donors transfer undivided interests, they will retain personal possession proportionate to their interest each year.
 
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