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Is Money Tangible or Intangible Property? - Reference.com
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Tangible Personal Property: Definition, Meaning & Examples
WebApr 30, 2024 · The two basic types of personal property are tangible and intangible. Tangible property is personal property that can be physically handled, including but not limited to: Clothes; Jewelry; Furniture; and Vehicles. Intangible personal property is property that cannot be physically handled, including but not limited to: Stocks; Trust fund accounts; WebTangible personal property is generally defined as personal property that can be touched. Household furnishings, books, tools, jewelry, motor vehicles and boats are some of the items which fall into the category of tangible personal property. WebTangible assets required maintenance to support their values and production capabilities. Tangible assets easily sold to raise cash in emergencies. High-risk industries such as banking and finance use their tangible assets to reassure investors as this asset can always be liquidated and converted into cash. 2. Intangible Assets fearn banks crisis communication