Does the predicate ‘is true’ specify a genuine property of assertions?

Theorists are divided as to whether truth is or is not a substantive property. In a nutshell, those that maintain that it is, pragmatists, coherentists, and correspondence theorists among others, oppose deflationists who claim that ascribing truth to an assertion is nothing more, or little more, than simply making the assertion. Deflationists typically refuse to grant truth a metaphysical standing, although we must recognise deflationism is not just a statement about the metaphysical status of truth. Unfortunately, propertihood is elusive to define in relation to truth, but to deny it is to say that truth is not a quality bestowed on truth-bearers, one that they possess;1 or to say that truth is not the kind of philosophical entity apt for dissection into constituents and common to all true assertions; or to say that truth ascription is a mere convenience, a façon de parler that eases conversation and confers style; or to say that truth is in some sense a trivial logical fragment that all but disappears upon closer inspection. Intuitions and theories vary on the details of what it takes to be a property, but some or all of these premises are accepted in embracing deflationism. Whiteness, for example, is an uncontroversial property of snow, even if it is arguably a relational one; what deflationism rejects is the analogous property of truth-bearers.