Meaning

noun something owned; any tangible or intangible possession that is owned by someone

noun a basic or essential attribute shared by all members of a class

noun any area set aside for a particular purpose

originFrom Middle English propertee, properte, propirte, proprete, borrowed from Anglo-Norman and Old French propreté, proprieté (“propriety, fitness, property”), from Latin proprietās (“a peculiarity, one's peculiar nature or quality, right or fact of possession, property”), from proprius (“special, particular, one's own”). Equivalent to proper + -ty. Doublet of propriety.

Etymology from Wiktionary, CC BY-SA 3.0