Juridical Dictionary

This dictionary contains:
8526
juridical terms

Intangible assets




Intangible assets

Items of personal property; examples; franchises, trademarks, patents, copyrights, goodwill.

RELATED TERMS
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Personal
Belonging to the person.

Property
Property is commonly thought of as a thing which belongs to someone and over which a person has total control. But, legally, it is more properly defined as a collection of legal rights over a thing. These rights are usually total and fully enforceable by the state or the owner against others. It has been said that "property and law were born and die together. Before laws were made there was no property. Take away laws and property ceases." before laws were written and enforced, property had no relevance. Possession was all that mattered. There are many classifications of property, the most common being between real property or immoveable property (real estate such as land or buildings) and "chattel", or "moveable" (things which are not attached to the land such as a bicycle, a car or a hammer) and between public (property belonging to everybody or to the state) and private property.

Goodwill
An intangible business asset which includes a cultivated reputation and consequential attraction and confidence of repeat customers and connections.



SIMILAR TERMS
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Intakers
English law. The time given to receivers of goods stolen in Scotland, who take them to England.

Intangible value
A value that cannot be imputed to any part of the physical property.



PREVIOUS AND NEXT TERMS
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Insured
Contracts. The person who procures an insurance on his property.

Insurer
Contracts. One who has obliged himself to insure the safety of another's property, in consideration of a premium paid, or secured to be paid, to him.

Insurgent
One who is concerned in an insurrection.

Insurrection
A rebellion of citizens or subjects of a country against its government.

Intakers
English law. The time given to receivers of goods stolen in Scotland, who take them to England.

Intangible assets

Intangible value
A value that cannot be imputed to any part of the physical property.

Integer
Whole, untouched.

Intellectual property
Intellectual Property is the term given to various forms of protection against infringement by unlawful copying, reproduction or other forms of "theft" of intangible aspects of a product, service or business. Creativity may be protected by patents, appearance by designs and copyright, and reputation by trade or service marks.

Intendant
One who has the charge, management, or direction of some office, department, or public business.

Intended to be recorded
This phrase is frequently used in conveyancing, in deeds which recite other deeds which have not been recorded. In Pennsylvania, it has been construed to be a covenant, on the part of the grantor, to procure the deed to be recorded in a reasonable time.

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This dictionary contains 8526 terms.







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