Movable (Noun)
Meaning
Personal as opposed to real property; any tangible movable property (furniture or domestic animals or a car etc).
Classification
Nouns denoting possession and transfer of possession.
Examples
- The museum exhibit featured a collection of movable personal property belonging to historical figures.
- Her movable assets included a car, several pieces of antique furniture, and a collection of rare jewelry.
- The auction listed various movable items for sale, including vintage home appliances and gardening equipment.
- Under local law, gifts of movable property were taxed at a lower rate than those of real property.
- When she died, her movable possessions were divided equally among her three children.