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Intangible value
Intangible valueA value that cannot be imputed to any part of the physical property. RELATED TERMS-------------------------------------- Value Common law. This term has two different meanings. It sometimes expresses the utility of an object, and some times the power of purchasing other good with it. The first may be called value in use, the latter value in exchange. 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. SIMILAR TERMS-------------------------------------- Intakers English law. The time given to receivers of goods stolen in Scotland, who take them to England. Intangible assets Items of personal property; examples; franchises, trademarks, patents, copyrights, goodwill. PREVIOUS AND NEXT TERMS-------------------------------------- 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 Items of personal property; examples; franchises, trademarks, patents, copyrights, goodwill. Intangible value 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. Intendment of law The true meaning, the correct understanding, or intention of the law; a presumption or inference made by the courts. It is an intendment of law that every man is innocent until proved guilty; that every one will act for his own advantage; that every officer acts in his office with fidelity that the children of a married woman, born during the coverture, are the children of the hushand; many things are intended after verdict, in order to support a judgment, but intendment cannot supply the want of certainty in a charge in an indictment for a crime. We thank you for using the Juridical Dictionary to search for Intangible value. If you have a better definition for Intangible value than the one presented here, please let us know by making use of the suggest a term option. This definition of Intangible value may be disputed by other professionals. Our attempt is to provide easy definitions on Intangible value and any other medical topic for the public at large.
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