Business, Legal & Accounting Glossary
n. things which include clothes, cosmetics and items of adornment.
This is not the same as “personalty” which means all tangible property which is not real property, money or investments. The expression is often found in wills (“I leave my personal effects to my niece, Susannah”).
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This glossary post was last updated: 30th April, 2020 | 1 Views.