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
n.
   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:

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