Community property
noun
noun ·Rare ·Advanced level
Definitions
Noun
- 1 Property that is acquired during a marriage, excluding gifts and inheritances, that is owned jointly by both spouses and is divided upon divorce, annulment or death. uncountable
- 2 property and income belonging jointly to a married couple wordnet
- 3 Marital property that is divided equally in California and some other states, as opposed to equitable distribution, the practice in most states. US, uncountable