personal property

personal property definition - business

personal property

All property, tangible and intangible, other than real property. Personal property includes furniture, vehicles, copyrights, and securities. Also called personalty.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.