Hi Dhruv007,
Then it could be a little tricky, but I'll give it a try...
Quick and dirty: A measured correlation of the properties of two objects, regardless of e.g. the distance between the objects.
I get the definition thanx.
This is not entirely clear at the moment, it is being thought of and studied.
I thought so.
Why? Because that is a feature of our Universe.
So basically, we have no idea about why entanglement exists, so we call it a property of our universe.
How? See e.g.
SPDC (which is an example)
SPDC was quite simple to understand. Thanks fot recommending it.
You can watch this clip, where the quantum physicist Anton Zeilinger describes entanglement (at 1:30 into the clip and onwards) and a variety of experiments/applications:
Anton Zeilinger - Quantum Information and Entanglement
You can also have a look at
EPR paradox.