Common property (公共财产)

Common property (公共财产 gōng gòng cái chǎn) is defined as something that has more than one person or one group as owners.

Part 1: Breakdown of Words

• “Common” (公共 gōng gòng) derives from:
  • “公” (gōng) as in “Duke” (公爵 gōng jué), “civil servant” (公务员 gōng wù yuán), or “public” (公开 gōng kāi).
  • “共” (gòng) as in “consensus” (共识 gòng shí), “share” (共享 gòng xiǎn), or “together” (共同 gòng tóng).
• “Property” (财产 cái chǎn) as in “property tax” (财产税 cái chǎn shuì), or “private property” (私人财产 sī rén cái chǎn).
  • “财” (cái) as in “wealth” (财富 cái fù), “financial affairs” (财务 cái wù), “fiscal year” (财年 cái nián), or “public finance” (公共财政 gōng gòng cái zhèng).
  • “产” (chǎn) as in “product” (产品 chǎn pǐn), “produce” (生产 shēng chǎn), or “yield” (产出 chǎn chū).

Part 2: Examples

1. Common property management (公共财产管理 gōng gòng cái chǎn guǎn lǐ).
2. Common property resources (公共财产资源 gōng gòng cái chǎn zī yuán).
3. Common property memorandum (公共财产备忘录 gōng gòng cái chǎn bèi wàng lù).