intangible property

intangible property
intangible property see property

Merriam-Webster’s Dictionary of Law. . 1996.

intangible property
Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights, and trademarks. Such "untouchable" items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare: tangible personal property
Category: Bankruptcy, Foreclosure & Debt
Category: Business, LLCs & Corporations
Category: Patent, Copyright & Trademark
Category: Wills, Trusts & Estates

Nolo’s Plain-English Law Dictionary. . 2009.

intangible property
   items such as stock in a company which represent value but are not actual, tangible objects.

Law dictionary. . 2013.

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Look at other dictionaries:

  • Intangible property — Intangible property, also known as incorporeal property, describes something which a person or corporation can have ownership of and can transfer ownership of to another person or corporation, but has no physical substance. It generally refers to …   Wikipedia

  • intangible property — Property which cannot be touched because it has no physical existence such as claims, interests, and rights. + intangible property As used chiefly in the law of taxation, this term means such property as has no intrinsic and marketable value, but …   Black's law dictionary

  • intangible property — Rights not related to physical things, being merely relationships between persons, natural or corporate, which the law recognizes by attaching to them certain sanctions enforceable in the courts. Curry v McCanless, 307 US 357, 83 L Ed 1339, 59 S… …   Ballentine's law dictionary

  • intangible property — property which is not actual, spiritual property …   English contemporary dictionary

  • intangible property —    Personal property recognized by law even though it has no physical existence, such as shares, bonds, debts, warranty rights, bank notes, business goodwill, trade secrets and copyrights. Compare tangible property …   Business law dictionary

  • intangible property — noun : property having no physical substance apparent to the senses : incorporeal property (as choses in action) often evidenced by documents (as stocks, bonds, notes, judgments, franchises) having no intrinsic value or by rights of action,… …   Useful english dictionary

  • intangible — in‧tan‧gi‧ble [ɪnˈtændʒbl] adjective used to describe something that has value but does not exist physically: • intangible property such as stocks, copyrights, and trademarks * * * Ⅰ. intangible UK US /ɪnˈtændʒəbl/ adjective ► used about a… …   Financial and business terms

  • intangible — I adjective abstract, aerial, airy, amorphous, asomatous, bodiless, difficult to appraise, dim, discarnate, disembodied, ethereal, immaterial, impalpable, imperceptible, imponderable, inappreciable, inconspicuous, incorporal, incorporate,… …   Law dictionary

  • property — prop·er·ty n pl ties [Anglo French propreté proprieté, from Latin proprietat proprietas, from proprius own, particular] 1: something (as an interest, money, or land) that is owned or possessed see also asset, estate, interest …   Law dictionary

  • Property — is any physical or virtual entity that is owned by an individual. An owner of property has the right to consume, sell, mortgage, transfer and exchange his or her property.cite web|url=|titl… …   Wikipedia

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