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Tangible property. In law, tangible property is property that can be touched, and includes both real property and personal property (or moveable property), and stands in distinction to intangible property. [citation needed] In English law and some Commonwealth legal systems, items of tangible property are referred to as choses in possession (or ...
Personal property, or possessions, includes "items intended for personal use" (e.g., one's toothbrush, clothes, and vehicles, and rarely, money). The owner has a distributive right to exclude others (i.e. the right to command a "fair share" of personal property). Private property is a social relationship between the owner and persons deprived ...
Intangible property is used in distinction to tangible property. It is useful to note that there are two forms of intangible property: legal intangible property (which is discussed here) and competitive intangible property (which is the source from which legal intangible property is created but cannot be owned, extinguished, or transferred).
In addition to paying sales tax on the things you buy, you may also be required to pay taxes on its perceived fair market value later on. These personal and business taxes are assessed on certain ...
t. e. An intangible asset is an asset that lacks physical substance. Examples are patents, copyright, franchises, goodwill, trademarks, and trade names, as well as any form of digital asset such as software. This is in contrast to physical assets (machinery, buildings, etc.) and financial assets (government securities, etc.).
Cultural property, also known as cultural patrimony, comprises the physical items that are part of the cultural heritage of a group or society, [ 1] as opposed to less tangible cultural expressions. [ 2] They include such items as cultural landscapes, historic buildings, works of art, archaeological sites, as well as collections of libraries ...
Intellectual property ( IP) is a category of property that includes intangible creations of the human intellect. [ 1][ 2] There are many types of intellectual property, and some countries recognize more than others. [ 3][ 4][ 5] The best-known types are patents, copyrights, trademarks, and trade secrets. The modern concept of intellectual ...
The document states: 'A tangible gift of more than minimal value accepted for reasons of protocol or courtesy may not be kept as a personal gift, however, but is considered accepted on behalf of ...