Physical property has several meanings depending on context. In common usage, it means material objects, defined as physical characteristics. In commercial usage, physical property means assets, as distinct from intangibles like goodwill. In science, physical property relates to both specific and general definitions of the subject.
Examples of Physical Property:
|Common usage: One noticeable physical property of this air conditioner is that it's heavy.|
Commercial usage: Plant and equipment are physical property, not intangibles, which are valued differently.
Scientific usage: This compound has an unusual physical property, containing very high mass molecules and smaller, lower mass types of the same molecule.