The difference between Lost and found and Lost property
When used as nouns, lost and found means a department, service or location where items that are found can be claimed by their owners, whereas lost property means a help desk or department in a store, mall, or other such facility where customers who have lost an item can inquire as to whether it has been found and turned in.
check bellow for the other definitions of Lost and found and Lost property
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Lost and found as a noun (US, Canada, Australia, New Zealand):
A department, service or location where items that are found can be claimed by their owners.
Examples:
"Well, if you can't find your glasses, then go to lost and found and ask if anyone turned them in."
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Lost property as a noun (British):
A help desk or department in a store, mall, or other such facility where customers who have lost an item can inquire as to whether it has been found and turned in; a lost and found.
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Lost property as a noun (legal):
Property that is found in such a state as to make it likely that the original owner unintentionally ceased to be in possession of the property, and would be unable to locate the property.