Personal Property

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Personal property

Any assets other than real estate.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Personal Property

Any property other than real estate. Personal property includes vehicles, computers, furniture, televisions, and so forth. Personal property may be used as collateral on a loan, but it is considered less reliable collateral than real estate because the borrower could default on the loan and then steal or hide the personal property. Obviously, this is impossible with real estate.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

personal property

Any property except for real property. Personal property may consist of physical objects, or it may be intangibles such as copyrights, patents, or securities. Personal property is also called personalty.

The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.

Personal Property

Generally, all property other than real estate.
Copyright © 2008 H&R Block. All Rights Reserved. Reproduced with permission from H&R Block Glossary
References in periodicals archive ?
Under the Movables Security Law a variety of movables, whether existing or future physical assets or moral rights, can be used as collateral.
Banks in developing countries are usually reluctant to accept movable assets as collateral due to the inadequate legal and regulatory environment in which banks and firms co-exist.
Any party, who has a legitimate interest on the movable property may object to the registration before summary courts.
Overall, studies have shown that introducing collateral registries for movable assets increases firms' access to banking finance.
Within the New York City Department of Transportation's (NYCDOT) inventory of more than 2,000 bridges are 25 movable spans that serve a critical role, accommodating more than 1 million daily vehicle crossings.
To address the structural, mechanical, and electrical needs of its movable bridges, New York City has implemented an aggressive reconstruction and rehabilitation program.
Federal highway bridge funds are important to the successful rehabilitation and replacement of the city's movable bridges.
"The extension of the city's East River Bridges preventive maintenance plans to the movable bridges was a logical next step," says FHWA's Hart.
Dinstein argues that oil in a natural underground reservoir might constitute a movable property as does oil in an artificial container located above ground.
I downloaded the software and was amazed at how simple dialing in a movable sight could actually be.
You first print a number scale that you then attach to your movable sight.
When using a sight with multiple pins (movable or not), you can then use the program to gap your remaining pins.