Definition Tangible personal property

glossary: Tangible personal property definition
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Glossary: Tangible personal property

Tangible personal property is one which ordinarily has no registered ownership attached to it. Tangible personal property includes most items other than real estate, bank accounts, investment accounts or cash. For example, tangible personal property includes machinery, equipment, and property contained in or attached to a building (other than structural components) such as refrigerators, grocery store counters and office equipment.



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Definition: Tangible personal property

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