incorporeal property

incorporeal property
n.
Property that exists as a legal right without physical substance, such as a copyright.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


incorporeal property
property without a body that cannot be touched and picked up, such as a right to something. Stocks and shares are incorporeal personal or moveable property, as are copyrights and patents. To transfer such property assignation is usually required.

Collins dictionary of law. . 2001.

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Look at other dictionaries:

  • incorporeal property — Property that has no corporeal tangible substance. Transcontinental Oil Co. v Emmerson, 298 111 394, 131 NE 645, 16 ALR 507. Intangibles without the substance of a body, but sometimes issuing out of corporeal property, which the law gives effect… …   Ballentine's law dictionary

  • incorporeal property — In the civil law, that which consists in legal right merely. The same as choses in action at common law …   Black's law dictionary

  • incorporeal property — In the civil law, that which consists in legal right merely. The same as choses in action at common law …   Black's 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 — That which is peculiar or proper to any person; that which belongs exclusively to one. In the strict legal sense, an aggregate of rights which are guaranteed and protected by the government. Fulton Light, Heat & Power Co. v. State, 65 Misc.Rep.… …   Black's law dictionary

  • incorporeal hereditament — ➔ hereditament * * * incorporeal hereditament UK US noun [C] ► PROPERTY, LAW something which can be inherited (= left to someone by a person who has died) but does not physically exist: »The right to use air space over property is an incorporeal… …   Financial and business terms

  • Property law — is the area of law that governs the various forms of ownership in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system. In the civil law system, there is a division… …   Wikipedia

  • incorporeal ownership — Not ownership of a thing, but ownership in a right related to a thing. For example, if you own piece of land, that is corporeal ownership. But if you own a right of way on that piece of land, that is incorporeal ownership. (See also: corporeal… …   Law dictionary

  • incorporeal — [in΄kôr pôr′ē əl] adj. [L incorporeus (see INCORPOREITY) + AL] 1. not consisting of matter; without material body or substance 2. of spirits or angels 3. Law without physical existence in itself but belonging as a right to a material thing or… …   English World dictionary

  • Incorporeal Rights — Rights that can t be seen or touched, but are still enforceable by law. Generally incorporeal rights have to do with intangible property such as copyrights, licenses and easements. Unlike real property that can be physically quantified,… …   Investment dictionary

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