Business Personal Property

Business, Legal & Accounting Glossary

Definition: Business Personal Property


Business Personal Property


Full Definition of Business Personal Property


The contents of a business, including equipment, furniture, and inventory, not permanently attached to the land of buildings that are listed on an insurance policy as owned by the business. Leased equipment would also be considered business personal property even though it’s not owned by the business.


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/business-personal-property/
Modern Language Association (MLA):
Business Personal Property. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
December 19, 2024 https://payrollheaven.com/define/business-personal-property/.
Chicago Manual of Style (CMS):
Business Personal Property. PayrollHeaven.com. Payroll & Accounting Heaven Ltd.
https://payrollheaven.com/define/business-personal-property/ (accessed: December 19, 2024).
American Psychological Association (APA):
Business Personal Property. PayrollHeaven.com. Retrieved December 19, 2024
, from PayrollHeaven.com website: https://payrollheaven.com/define/business-personal-property/

Definition Sources


Definitions for Business Personal 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: 20th November, 2021 | 0 Views.