intangible property

Definition of "intangible property"
  1. Personal possessions that can't be physically touched or held, but hold value, such as patents, copyrights, trademarks, stocks or bonds
How to use "intangible property" in a sentence
  1. The technology company's intangible property was crucial to its high market valuation.
  2. She invested heavily in intangible property like stocks and patents.
  3. The established brand and goodwill of the business represent significant intangible property.

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