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Tangible property
Tangible propertyThat which may be felt or touched; it must necessarily be corporeal, but it may be real or personal. A house and a horse are, each, tangible property. The terni is used in contradistinction to property not tangible. By the latter expression, is; meant that kind of property which, though in possession as respects the right, and, consequently, not strictly choses in action, yet differ; from goods, because they are neither tangible nor visible, though the thing produced from the right be perfectly so. In this class may be mentioned copyrights and patent-rights. RELATED TERMS-------------------------------------- Real 1) A term which is applied to land in its most enlarged signification. Real security, therefore, means the security of mortgages or other incumbrances affecting lands. 2) In the civil law, real has not the same meaning as it has in the common law. There it signifies what relates to a thing, whether it be movable or immovable, lands or goods; thus, a real injury is one which is done to a thing, as a trespass to property, whether it be real or personal in the common law sense. A real statute is one which relates to a thing, in contradistinction to such as relate to a person. Personal Belonging to the person. House Estates. A place for the habitation and dwelling of man. This word has several significations, as it is applied to different things. In a grant or demise of a house, the curtilage and garden will pass, even without the words "with the appurtenances," being added. Horse Until a horse has attained the age of four years, he is called a colt. This word is sometimes used as a generic name for all animals of the horse kind Are A French measure of surface. This is a square, the sides of which are of the length of ten metres. The are is equal to 1076.441 square feet. Each Every one of the two or more composing the whole. 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. Expression The term or use of language employed to explain a thing. Possession International law. By possession is meant a country which is held by no other title than mere conquest. Right 1) Sometimes it signifies a law, as when we say that natural right requires us to keep our promises, or that it commands restitution, or that it forbids murder. In our language it is seldom used in this sense. 2) It sometimes means that quality in our actions by which they are denominated just ones. This is usually denominated rectitude. 3) It is that quality in a person by which he can do certain actions, or possess certain things which belong to him by virtue of some title. In this sense, we use it when we say that a man has a right to his estate or a right to defend himself. Action 1) French commercial. Stock in a company, shares in a corporation. 2)Civil law. An action instituted to avoid a sale onaccount of some Vice or defect in the thing sold which readers it either absolutely useless, or its use so inconvenient and, imperfect, that it must be, supposed the buyer would not have purchased it, had he known of the vice. SIMILAR TERMS-------------------------------------- Tangible personal property memorandum (TPPM) A legal document that is referred to in a will and used to guide the distribution of tangible personal property. PREVIOUS AND NEXT TERMS-------------------------------------- Tallage This word is derived from the French tailler, and signifies liter-ally to cut. In England it is used to signify subsidies, taxes, customs, and indeed any imposition whatever by the government for the purpose of raising a revenue. Tallies Evidence. The parts of a piece of wood out in two, which persons use to denote the quantity of goods supplied by one to the other. Talzie, heir in Scotch law. Heirs of talzie or tailzie, are heirs of estates entailed. Tamper To interfere improperly or in violation of the law such as to tamper with a document. The term "jury tampering" means to illegally disrupt the independence of a jury member with a view to influencing that juror otherwise than by the production of evidence in open court. Tangible personal property memorandum (TPPM) A legal document that is referred to in a will and used to guide the distribution of tangible personal property. Tangible property Tarde venit Practice. The name of a return made by the sheriff to a writ, when it came into his hands too late to be executed before the return day. Tare weights. An allowance in the purchase and sale of merchandise, for the weight of the box, bag, or cask, or other thing, in which the goods are packed. It is also an allowance made for tiny defect, waste, or diminution in the weight, quality or quantity of goods. Tariff Customs, duties, toll. or tribute payable upon merchandise to the general government is called tariff; the rate of customs, also bears this name and the list of articles liable to duties is also called the tariff. Tavern A place of entertainment; a house kept up for the accommodation of strangers. Tax court of the united states A judicial body which hears cases concerning federal tax laws. We thank you for using the Juridical Dictionary to search for Tangible property. If you have a better definition for Tangible property than the one presented here, please let us know by making use of the suggest a term option. This definition of Tangible property may be disputed by other professionals. Our attempt is to provide easy definitions on Tangible property and any other medical topic for the public at large.
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