Chinese name
property
Foreign name
Property, attribute
definition
Money, materials, houses and land.
classify
Movable property, immovable property and intellectual property
type
Tangible property, positive property and negative property
trait
(a) the property owner has the right to possess, use, benefit and dispose of his property according to law;
(2) Without the permission of the property owner, no one may use the property, otherwise it is an illegal infringement;
(3) The property owner can be a natural person, belonging to the family by default, with family-level nature, or a legal person such as a company.
China's "General Principles of Civil Law" has clear provisions on the above contents.
type
Property can be divided into: tangible property (also known as "tangible things"), such as money and materials; Intangible property, such as creditor's rights, intellectual property rights, virtual property rights, etc. It can also be: positive property, such as money, materials and various property rights; Negative assets, such as debt.
property
With the development of economy, science and technology and the change of ideas, people's understanding of property is deepening and the scope of property is expanding. Demsetz believes that property right is a social tool, and its importance lies in that it can help a person form reasonable expectations when dealing with others (Property Right Theory). Therefore, property right is the relationship between people, not between people and things.
The concept of property right is different from ownership. Ownership is one of the many attributes of property rights. For example, a person may not own the air, but he may have the right to discharge a certain amount of pollutants into the air, which is bound and protected by law.
The three important factors of property right are exclusivity, transferability and constitutional protection. The benefits of exclusive protection of assets can be obtained by their owners, which urges owners to invest in assets that can improve their value. Transferability: assets can be transferred from a relatively pessimistic owner to a relatively optimistic potential owner, which is conducive to maximizing the value of assets. The protection of the constitution makes rights: protected from a higher level, which is conducive to asset-specific investment.
The difference between assets and property can be understood from the following aspects:
First, because the net assets are the accumulation of enterprise property or wealth, and ultimately owned by investors, in a certain sense, property is jointly owned by enterprises and investors. In contrast, assets are only owned by enterprises.
Second, because the net assets are a part of the total operating capital of the enterprise and owned by the enterprise, the property belongs to the category of its own capital, and the assets corresponding to the net assets become the transformation form or application form of the property.
Third, although the property of an enterprise belongs to the category of its own capital, it is not formed by investors' investment, but the accumulation of all capital operating income or all asset operating income of the enterprise. Therefore, property is not only the product of capital, but also the product of assets.
Fourth, from the perspective of the loan relationship of enterprises, there are liabilities when there are assets, that is, assets correspond to liabilities and property does not correspond to liabilities.
Fifth, because assets correspond to liabilities, assets increase with the increase of liabilities and decrease with the decrease of liabilities. In contrast, because property does not correspond to liabilities, property does not change with the changes of liabilities.
differentiate
The difference between assets and property can be understood from the following aspects:
First, because the net assets are the accumulation of enterprise property or wealth, and ultimately owned by investors, in a certain sense, property is jointly owned by enterprises and investors. In contrast, assets are only owned by enterprises.
Second, because the net assets are a part of the total operating capital of the enterprise and owned by the enterprise, the property belongs to the category of its own capital, and the assets corresponding to the net assets become the transformation form or application form of the property.
Thank you. Thank you.