Is there a general name for the following properties, (similar to the properties of existence of an additive identity, existence of multiplicative identity etc):
- For any given set, the intersection with the empty set results in the empty set.
- For any real number, multiplication with zero results in zero.
I've heard absorbing element or annihilating element used for this (Wikipedia link).
So in your second example, we'd say that $0$ is an absorbing element for the operation $\times$ on $\mathbb{R}$.
In your first example, you'd have to specify a set in which you're working. I'd suggest formulating this as: for any set $S$, the element $\varnothing\in\mathcal{P}(S)$ is an absorbing element for the operation $\cap\,$.