The noun 'property' is an abstract noun as a Word for something intangible of value such as patents, copyrights, trademarks, etc.; a Word for an attribute, a quality, or characteristic of something.
The noun 'property' is a concrete noun as a Word for physical possessions or real estate.
The noun 'property' is not a collective noun. A collective noun is a Word used to group people or things taken together as one whole in a descriptive way.
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