tangible and intangible goods, such as furniture, manufacturing equipment, and other assets that are not legally considered as real property . Personal property is owned by the borrower, and is not fixed or immovable. Also called personalty.
Intangible goods that are often produced and consumed at the same time. An example is education: students consume a lesson- an educational service- at the same time a teacher produces it.
(1) the on-line ordering, payment and delivery of intangible goods and services (Direct e-commerce); ...
*invisible trade, which is receipts and payments for services, such as banking or advertising, and other intangible goods, such as copyrights, as well as cross-border dividend and interest payments; ...
Service businesses offer intangible goods or services and typically generate a profit by charging for labor or other services provided to government, other businesses, or consumers.
 See also: Banks, Acquisitions, Expense, Administration, Brand
  
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