Tangible personal property
Term · Law · MLC-T-LAW-004830
Any item of property, other than real estate, that has a physical form and is movable. This category includes goods, chattels, merchandise, and other articles that can be touched and relocated. It is distinguished from intangible personal property, such as stocks and patents, and from real property, which is land and buildings.
| Identifier | MLC-T-LAW-004830 |
|---|---|
| Field | Law |
Record as JSON
{
"id": "MLC-T-LAW-004830",
"term": "Tangible personal property",
"field": "Law",
"definition": "Any item of property, other than real estate, that has a physical form and is movable. This category includes goods, chattels, merchandise, and other articles that can be touched and relocated. It is distinguished from intangible personal property, such as stocks and patents, and from real property, which is land and buildings.",
"url": "https://mlchart.com/terminology/law/tangible-personal-property/"
}
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