Tangible personal property

Tangible personal property is property, other than real estate, that can be seen or touched, such as a typewriter, chair, or desk. This is to be contrasted with intangible personal property, such as stocks, bonds, copyrights and trademarks. (You can touch the document that represents an item of intangible personal property, like a stock certificate, but the intangible property itself is a mere legal right to something such as the right to share in corporate ownership and profits rather than anything that can be physically seen or touched.)