incorporeal propertyproperty without a body that cannot be touched and picked up, such as a right to something. Stocks and shares are incorporeal personal or moveable property, as are copyrights and patents. To transfer such property ASSIGNATION is usually required.
INCORPOREAL PROPERTY, civil law. That which consists in legal right merely; or, as the term is, in the common law, of choses in actions. Vide Corporeal property.