(legal) 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.
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(US, legal) Marital property that is divided equally in California and some other states, as opposed to equitable distribution, the practice in most states.
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Add your own interpretation of "community property".
Regional slang from around the English-speaking world — British, Australian, Irish, Caribbean, Nigerian, Filipino, AAVE, and the hyphenated-English dialects that make the internet sound local.
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