corporeal property

Definitions

Physical or tangible assets that possess a material existence and can be touched or felt.

Property consisting of objects that have a physical form, such as land, buildings, or personal goods, as opposed to intangible rights.

Examples

The legal dispute centered on the ownership of the corporeal property, specifically the warehouse and its heavy machinery.

Unlike intellectual property, corporeal property consists of physical assets that can be touched and moved.

The inheritance tax was calculated based on the total value of the deceased's corporeal property, including all real estate and vehicles.

Synonyms

tangible assets physical property material goods real property chattel movable property concrete assets

Antonyms

intangible property incorporeal property intellectual property non-physical assets abstract rights goodwill patents