The term CASH OR PROPERTY can be summarized as an ASSET, which is a five-letter word. An ASSET is something that has economic value and can be owned or controlled to produce positive value. Assets are typically divided into two categories: tangible assets, such as cash or property, and intangible assets, such as intellectual property or goodwill. Tangible assets are physical items that have a monetary value, while intangible assets are non-physical items that have a monetary value. Cash and property are both examples of tangible assets, and they are often used to generate income or increase the value of a business.