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community property

See more synonyms for community property on Thesaurus.com
noun U.S. Law.
  1. (in some states) property acquired by either spouse, or both together, that is considered by law to be jointly owned and equally shared.
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Origin of community property

First recorded in 1920–25
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018