What is the meaning of Tangible personal property?

Tangible personal property refers to assets other than real estate that physically exist. Business equipment and vehicles are examples of tangible personal property. Assets such as stock certificates and franchises only represent value and are therefore intangible property.

3
 
|15 years ago|310 views|share |citing 
APABarry Goldsmith. (2010). tangible personal property. Retrieved September 26, 2026, from http://smartdefine.org/tangible_personal_property/definitions/1164819
ChicagoBarry Goldsmith. 2010. "tangible personal property" http://smartdefine.org/tangible_personal_property/definitions/1164819 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, tangible personal property, Smart Define, viewed 26 September, 2026, <http://smartdefine.org/tangible_personal_property/definitions/1164819>.
MLABarry Goldsmith. "tangible personal property" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/tangible_personal_property/definitions/1164819>