community property

noun U.S. Law.

(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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Nearby words

community medicine, community mental health center, community of sovereign republics, community policing, community programme, community property, community psychiatry, community psychology, community relations, community school, community service

Origin of community property

First recorded in 1920–25

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019