>>No. A Property, by definition, has get and/or set accessors. A public variable OTOH is, strictly speaking, referred to as a Field....
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>>http://msdn.microsoft.com/en-us/library/43s90322(v=vs.80).aspx
>
>Is this a terminology specific to .NET or global?

For .Net I think it's defined in ECMA-335 (as “A class member that defines a named value and the methods that access that value. A property definition defines the accessing contracts on that value. Hence, the property definition specifies which accessing methods exist and their respective method contracts" )

>Inside a class, we have methods, those are DIM declared variables, thus known as variables. I always referred to those class PUBLIC declarations to be known as properties.

>I know that therminology property in VB or VB.NET by the use of Get/Set was being known as property. But, generally, if we go outside this .NET environment, will a PUBLIC declaration on top of a class be known as property?

No. But the definition of a property may be looser in other environments. AFAIK in JavaScript, for example, any publicly accessible class data member accessed via the '.' notation is referred to as a property.