movable property

Definition of "movable property"
  1. Assets, personal belongings or crops that have the ability to be relocated
How to use "movable property" in a sentence
  1. The antique dresser in the attic is a piece of movable property that can be sold in the estate auction.
  2. The farmer moved his movable property, including machinery and livestock, from one farm to his new location.
  3. Upon inspection, the lender discovered that most of the collateral supporting the loan was movable property.

Provide Feedback
Browse Our Legal Dictionary
# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z