tangible property

Definition

Real estate and other valuables that can be seen and touched.

Use tangible property in a sentence

The tangible property was stored in the warehouse which was accessible twenty four hours a day, and seven days a week.

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You need to make sure that you are keeping good care of your tangible property so that you can get the most when you sell them.

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When his business went under, Bob's favorite chair, desk, and many more pieces of his tangible property were taken away from him.

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unclaimed property capital asset