Public property is
property that is dedicated to public use and is a subset of
state property. The term may be used either to describe the use to which the property is put, or to describe the character of its ownership (owned collectively by the
population of a
state). This is in contrast to
private property, owned by an individual person or artificial entities that represent the financial interests of persons, such as
corporations.
State ownership, also called
public ownership,
government ownership or
state property, are property interests that are vested in the
state, rather than an
individual or
communities.