Intangible Property Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Intangible Property, written in plain English, along with examples of how it is used.

What is Intangible Property?

Intangible property can be felt in terms of vlaue but has no physical existence like,stocks,bonds,trademarks,patents,bank accounts.It can be owned by anyone and ownership can also get trasferred to another person or corporation.