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personal property
(redirected from Movable property)

   Also found in: Legal, Financial, Wikipedia 0.02 sec.
personal property: see property property, rights to the enjoyment of things of economic value, whether the enjoyment is exclusive or shared, present or prospective. The rightful possession of such rights is called ownership.
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An investor has the right to acquire movable property and leases on land.
Facilitators revealed to seminar participants that an HIV and Aids impact study by the Food and Agriculture Organisation (FAO), conducted in the Ohangwena Region in 2002, found that widows and orphans had lost vast amounts of livestock, farm equipment and other movable property to the deceased husband's family.
The latter was designed for current payments: assemblies could buy movable property and real estate and form loan capital.
 
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