Intangible Property

Business, Legal & Accounting Glossary

Definition: Intangible Property




What is the dictionary definition of Intangible Property?

Dictionary Definition


Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such “untouchable” items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/intangible-property/
Modern Language Association (MLA):
Intangible Property. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. September 26, 2021 https://payrollheaven.com/define/intangible-property/.
Chicago Manual of Style (CMS):
Intangible Property. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/intangible-property/ (accessed: September 26, 2021).
American Psychological Association (APA):
Intangible Property. PayrollHeaven.com. Retrieved September 26, 2021, from PayrollHeaven.com website: https://payrollheaven.com/define/intangible-property/

Definition Sources


Definitions for Intangible Property are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 22nd April, 2020 | 1 Views.