What do a.m. and p.m. stand for?

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.
Origin of community property
1920-25 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for community property
  • It seems to me that low-hanging fruit dangling over a fence above the sidewalk can and is often seen as community property.
  • Whether you have community property and community income depends on the state where you are domiciled.
  • If you are requesting relief based on community property laws, a different filing deadline applies.

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