Tangible personal property
Tangible personal property is property, other than real estate, that can be seen or touched, such as a typewriter, chair, or desk. This is to be contrasted with intangible personal property, such as stocks, bonds, copyrights and trademarks. (You can touch the document that represents an item of intangible personal property, like a stock certificate, but the intangible property itself is a mere legal right to something — such as the right to share in corporate ownership and profits — rather than anything that can be physically seen or touched.)
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