Does it really matter? It is an undocumented internal dictionary table. It is a number representing some flags set.
Just have a look at the definition of views such as DBA_TAB_COLS_V$
.
select dbms_metadata.get_ddl('VIEW', 'DBA_TAB_COLS_V$', 'SYS') from dual;
There you can find stuff like below, example:
...
decode(c.type#, 1, decode(bitand(c.property, 8388608), 0, 'B', 'C'),
96, decode(bitand(c.property, 8388608), 0, 'B', 'C'),
null),
decode(bitand(ac.flags, 128), 128, 'YES', 'NO'),
decode(o.status, 1, decode(bitand(ac.flags, 256), 256, 'NO', 'YES'),
decode(bitand(ac.flags, 2), 2, 'NO',
decode(bitand(ac.flags, 4), 4, 'NO',
decode(bitand(ac.flags, 8), 8, 'NO',
'N/A')))),
decode(c.property, 0, 'NO', decode(bitand(c.property, 32), 32, 'YES',
'NO')),
decode(c.property, 0, 'NO', decode(bitand(c.property, 8), 8, 'YES',
'NO')),
decode(c.segcol#, 0, to_number(null), c.segcol#), c.intcol#,
-- warning! If you update stats related info, make sure to also update
-- GTT session private stats in cdoptim.sql
case when nvl(h.row_cnt,0) = 0 then 'NONE'
when exists(select 1 from sys.histgrm$ hg
where c.obj# = hg.obj# and c.intcol# = hg.intcol#
and hg.ep_repeat_count > 0 and rownum < 2) then 'HYBRID'
when bitand(h.spare2, 64) > 0
then 'TOP-FREQUENCY'
when (bitand(h.spare2, 32) > 0 or h.bucket_cnt > 2049 or
(h.bucket_cnt >= h.distcnt and h.density*h.bucket_cnt < 1))
then 'FREQUENCY'
else 'HEIGHT BALANCED'
end, /* HISTOGRAM */
decode(bitand(c.property, 1024), 1024,
(select decode(bitand(cl.property, 1), 1, rc.name, cl.name)
from sys.col$ cl, attrcol$ rc where cl.intcol# = c.intcol#-1
and cl.obj# = c.obj# and c.obj# = rc.obj#(+) and
cl.intcol# = rc.intcol#(+)),
decode(bitand(c.property, 1), 0, c.name,
(select tc.name from sys.attrcol$ tc
where c.obj# = tc.obj# and c.intcol# = tc.intcol#))),
decode(bitand(c.property, 17179869184), 17179869184, 'YES',
decode(bitand(c.property, 32), 32, 'NO', 'YES')),
decode(bitand(c.property, 68719476736), 68719476736, 'YES', 'NO'),
decode(bitand(c.property, 137438953472 + 274877906944),
137438953472, 'YES', 274877906944, 'YES', 'NO'),
decode(c.property, 0, 'NO', decode(bitand(c.property, 8796093022208),
8796093022208, 'YES', 'NO')),
...