What is another word for government-owned property?
Pronunciation: [ɡˈʌvənməntˈə͡ʊnd pɹˈɒpəti] (IPA)
Government-owned property, also referred to as public property, state-owned property, or municipal property, is any asset or resource that is owned by a public entity, such as a government or a local authority. Some other synonyms for government-owned property include public assets, nationalized assets, state-controlled property, public real estate, and government-owned assets. These properties can be in the form of land, buildings, infrastructure, or other resources that are essential for public use. It is important to note that government-owned properties are managed and maintained by the public authorities and are not available for private ownership or commercial use.