Property Definition - MilitaryDictionary.org
1.) As used in the military establishment, this term is usually confined to tangible property, including real estate and materiel. For special purposes and as used in certain statutes, this term may exclude such items as the public domain, certain lands, certain categories of naval vessels, and records of the Federal Government.
2.) Anything that may be owned.
In the United States, military vocabulary is standardized by the Department of Defence. These terms are used by the United States Army, Navy, Air Force, and Marine Corps.
Department of Defence, Dictionary of Military and Associated Terms
This term is marked as active and was last updated in 2015
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