Personal Property

Definition:

Movable property that is not affixed to the land (real property). Personal property includes tangible items such as cash, cars and computers, as well as intangible items, such as royalties, patents and copyrights.

Related terms:

Mortgage payable

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Car depreciation

This calculator estimates what the car you are buying will be worth at some future point

Net Worth

This calculator will help you to determine your assets and liablilities and your Net Worth

Tax Calculator

This calculator will help you to calculate the before and after tax prices for purchases

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Term: Accounting -> Personal Property