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Personalty (Noun)

Meaning

Movable property (as distinguished from real estate).

Classification

Nouns denoting possession and transfer of possession.

Examples

  • The will specified that her personalty, including jewelry and furniture, would be divided equally among her children.
  • The probate court was responsible for distributing the deceased's personalty according to the terms of the will.
  • In many countries, inheritance tax is applied to both real estate and personalty.
  • As part of the divorce settlement, the couple agreed to divide their personalty, including household goods and vehicles.
  • The liquidator was tasked with selling the company's personalty, such as office equipment and vehicles, to pay off creditors.

Synonyms

  • Personal Estate
  • Personal Property
  • Private Property

Hypernyms

  • Property
  • Belongings

Hyponyms

  • Personal Effects
  • Stuff
  • Personal Chattel
  • Effects
  • Chattel
  • Clobber
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