Tangible Property: Property that has physical substance and can be touched. Anything other than real estate or money, including furniture, cars, jewelry and china. Intangible property (example: a checking account) lacks this physical quality.
Tangible Property any asset or property which is felt and touched as in machinery, cars, furniture, jewellery etc, which has intrinsic value and is physical, thereby also having a value which makes it saleable too. Legal-Explanations.com Home ...
Tangible property: Property that is capable of being touched (i.e. land). Testator: One who writes and signs a will. Trustee: A person named to manage property for the benefit of the beneficiary.
tangible property n. physical articles (things) as distinguished from "incorporeal" assets such as rights, patents, copyrights and franchises. Commonly tangible property is called "personalty." ...
tangible property - Property belonging to a person/entity that can be physically touched. Tax Court of the United States - A judicial body which hears cases concerning federal tax laws.
TANGIBLE PROPERTY. That which may be felt or touched; it must necessarily be corporeal, but it may be real or personal. A house and a horse are, each, tangible property. The terni is used in contradistinction to property not tangible.
Tangible Property Property that may be felt or touched (as distinct from a debt or property right). Tender An unconditional offer to pay or to perform a contractual obligation.
Term: Tangible Property Definition: Property that may be felt or touched (as distinct from a debt or property right). Term: Tender Definition: An unconditional offer to pay or to perform a contractual obligation.
Tangible property Definition : property that has a tangible and corporeal existence and intrinsic economic value because of it <the insurance policy restricted property damage coverage to tangible property> ...
Incorporeal hereditament: Intangible property rights which may be inherited, such as easements and profits à prendre.
The case for "intellectual property" in economic theory notes certain substantial differences from the case for tangible property. Consumption of tangible property is rivalrous.
The claim of a right to confiscate debts contracted by individuals in time of peace, and which remain due to subjects of the enemy in time of war, rests very much upon the same principles as that concerning the enemy's tangible property found in the ...
An estate consists of personal property (car, household items, and other tangible items), real property and intangible property, such as stock certificates and bank accounts, owned in the individual name of a person at the time of the person's death.
res: a thing; tangible or intangible property. res judicata: literally, "the thing has been decided".
There has been discussion and criticism of the application and enforcement of that maxim, but it is so fixed in the common law of this country and of England, in so far as it relates to intangible property, including choses in action, ...
The value of good will is ordinarily determined as the amount a purchaser will pay for a business beyond the monetary value of its tangible property and money owed to it.
Examples include furniture, cars, jewelry and artwork. However, cash and checking accounts are not tangible personal property. The law is unsettled as to whether computer data is tangible personal property. Compare intangible property.
See also: Property, State, Person, Law, Information
 
|