Copyright © Philip M. Parker, INSEAD. Terms of Use.

Definition: Personal Property |
Personal PropertyNoun1. Movable property (as distinguished from real estate). Source: WordNet 1.7.1 Copyright © 2001 by Princeton University. All rights reserved. |
| Domain | Definition |
Finance | Any property intended for the personal use of the persons concerned or for meeting their household needs. Source: European Union. (references) |
| Any property that is not real property. While state laws vary on the definition of personal property, it is generally thought of as the movable items that a person owns. They can be tangible, such as furniture and other merchandise, or intangible, such as stocks and bonds. (references) | |
Source: compiled by the editor from various references; see credits. | |
(From Wikipedia, the free Encyclopedia)
The distinction between these types of property is significant for a variety of reasons. Usually one's rights on movables are more attenuated than one's rights on immovables (or real property). The statute of limitations or the prescriptive periods are usually shorter when dealing with personal or movable property. Real property rights usually are enforceable for a much longer period of time and in most jurisdictions real estate or immovables are registered in government sanctioned land registers. In some jurisdictions rights can be registered against personal or movable property.
In the common law it is possible to place a mortgage upon real property. Such mortage requires payment or the owner of the mortgage can seek foreclosure. Personal property can often be secured with similar kind of device called a security interest. There is no similar institution to the mortgage in the civil law, however a hypothec is a device to secure real rights against property. These real rights follow the property along with the ownership. In the common law a lien also remains on the property and it is not extinguished by alienation of the property, liens may be real or equitable.
Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Personal property."
Synonyms: Personal PropertySynonyms: personal estate (n), personalty (n), private property (n). (additional references) |
| Context | Synonyms within Context (source: adapted from Roget's Thesaurus). |
Property | Personal property, personal estate, personal effects; personalty, chattels, goods, effects, movables; stock, stock in trade; things, traps, rattletraps, paraphernalia; equipage. |
| Source: adapted from Roget's Thesaurus. | |
Crosswords: Personal Property |
| English words defined with "personal property": bailment, bailor, bequest, bill of sale ♦ Chose ♦ estate ♦ legacy, loan office ♦ movable ♦ pawnbroker, pawnbroker's shop, pawnshop, pledge ♦ sea chest ♦ Things personal. (references) |
| Specialty definitions using "personal property": assessed valuation ♦ bonnes pratiques microbiologiques ♦ CAMS, Crown ♦ deputy assessor, DEPUTY SHERIFF, CIVIL DIVISION, DEPUTY SHERIFF, COMMANDER, CIVIL DIVISION ♦ HOUSE OFFICER ♦ incorporeal property ♦ law clerk, legal aid, liability of innkeeper ♦ ore personal property ♦ PERSONAL PROPERTY ASSESSOR, POLICE OFFICER, BOOKING ♦ security interest in household goods, security officer, special officer, statutory charge ♦ to pawn, TPV. (references) |
| Etymologies containing "personal property": Cr'edit mobilier. (references) |
| Domain | Usage | |
Movie/TV Titles | Personal Property (1937) | |
Source: compiled by the editor from various references; see credits. | ||
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Source: compiled by the editor from various references; see credits. | |||
| Author | Quotation |
Norman O. Brown | I am what is mine. Personality is the original personal property. |
Source: compiled by the editor from various references. | |
| Author | Date | Quotation |
Communist Manifesto | 1848 | When, therefore, capital is converted into common property, into the property of all members of society, personal property is not thereby transformed into social property. (reference) |
Treaty of Versailles | 1919 | The following classes of contracts are excepted from dissolution by Article 299 and, without prejudice to the rights contained in Article 297 (b) of Section IV, remain in force subject to the application of domestic laws, orders or regulations made during the war by the Allied and Associated Powers and subject to the terms of the contracts: (a) Contracts having for their object the transfer of estates or of real or personal property where the property therein had passed or the object had been delivered before the parties became enemies; (b) Leases and agreements for leases of land and houses (c) Contracts of mortgage, pledge or lien; (d) Concessions concerning mines, quarries or deposits; (e) Contracts between individuals or companies and States provinces, municipalities, or other similar juridical persons charged with administrative functions, and concessions granted by States, provinces, municipalities, or other similar juridical persons charged with administrative functions. (reference) |
Source: compiled by the editor from various references. | ||
| Subject | Topic | Quote |
Business | The transition to a market-oriented economy has fueled construction and increased personal property ownership. (references) | |
Unpaid fines have sometimes resulted in confiscation or destruction of homes and personal property by local officials. (references) | ||
Civil Liberties | Djibouti | Although unconfirmed, there were widespread reports that police beat, raped, or stole personal property from those who were arrested and detained. (references) |
Iran | During the operation, which took place in at least 14 different cities, 36 faculty members were arrested, and a variety of personal property, including books, papers, and furniture, either were destroyed or confiscated. (references) | |
Iran | The Government's seizure of Baha'i personal property, as well as its denial of access to education and employment, is eroding the economic base of the Baha'i community. (references) | |
Economic History | Haiti | The Constitution prohibits nationalization and confiscation of real and personal property for political purposes. (references) |
Armenia | Accepting, mediating, and giving bribes is a criminal offense and is punishable by up to 8-15 years imprisonment plus confiscation of personal property for repeated crimes. (references) | |
Benin | Secured interests in real and personal property are recognized and enforced. (references) | |
Human Rights | Afghanistan | Another demining organization working in Kandahar reported to Human Rights Watch that Taliban forces confiscated 1 vehicle on September 26, 3 ambulances on October 3, 9 pick-up trucks on October 11, and 22 additional vehicles on October 15. The forces also looted the office of the organization, taking spare parts, generators, radios, and the personal property of organization personnel. (references) |
Angola | Government personnel frequently confiscated food, including donated relief supplies, livestock, and personal property and did not compensate donors nor affected individuals. (references) | |
Egypt | Security agencies frequently place political activists, suspected subversives, journalists, foreigners, and writers under surveillance, screen their correspondence (especially international mail), search them and their homes, and confiscate personal property. (references) | |
Travel | Norway | Most crimes involve the theft of personal property, e.g., residential burglary, auto theft, or vandalism to parked cars. (references) |
Cote D'ivoire | Corporate Taxes: The following taxes are applicable to all legally registered corporations: Tax on corporate profits: 35 percent; National Contribution Tax: 1 percent; Personal Property Tax: 6 percent of the income of subsidiaries of foreign corporations and 12 percent of the income of Ivoirian firms; Payroll Taxes: 2.5 percent for local workers and 16 percent for foreign workers; Workers Compensation: 5 percent for family allowances, 2-5 percent toward industrial injury costs, and 1.8 percent pension contribution. (references) | |
Source: compiled by the editor from ICON Group International, Inc.; see credits. | ||
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Language | Translations for "personal property"; alternative meanings/domain in parentheses. | ||||||||||||||||||||||
Arabic | أملاك شخصية المنقولات. (various references) | ||||||||||||||||||||||
Danish | personlige ejendele (personal effects, personal equipment). (various references) | ||||||||||||||||||||||
Dutch | persoonlijk goederen. (various references) | ||||||||||||||||||||||
French | biens personnels (personal estate). (various references) | ||||||||||||||||||||||
German | privateigentum (private property), persönliches eigentum (personal effects), Übersiedlungsgut. (various references) | ||||||||||||||||||||||
Greek | προσωπικά είδη (personal effects, personal equipment). (various references) | ||||||||||||||||||||||
Hungarian | személyi tulajdon (individual proprietorship, personal estate). (various references) | ||||||||||||||||||||||
Italian | beni personali. (various references) | ||||||||||||||||||||||
Japanese Kanji | 動" (personal effects). (various references) | ||||||||||||||||||||||
Japanese Katakana | どうさ" (personal effects). (various references) | ||||||||||||||||||||||
Pig Latin | ersonalpay opertypray propriedade pessoal, bens pessoais. (various references) proprietate personalã (personalty), avere mobilã (chattels, personal estate). (various references) bienes personales, bienes muebles (chattels, goods and chattels, personal assets, personal estate, personalty). (various references) | ||||||||||||||||||||||
Scrabble® Enable2K-Verified Anagrams | |
| Words within the letters "a-e-e-l-n-o-o-p-p-p-r-r-r-s-t-y" | |
-5 letters: propraetors. | |
| Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro. | |
| 1. Definition 2. Synonyms 3. Crosswords 4. Usage: Modern | 5. Usage: Commercial 6. Quotations: Familiar 7. Quotations: Historic 8. Quotations: Non-fiction | 9. Expressions: Internet 10. Translations: Modern 11. Anagrams 12. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.