What term refers to tangible personal property that can be moved?

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The term that refers to tangible personal property that can be moved is "movable tangible personal property." This classification encompasses items such as furniture, vehicles, and equipment that are not fixed to a particular location and can be easily moved from one place to another.

In legal contexts, tangible personal property is distinct from real property, which refers to land and anything permanently attached to it. Thus, real property pertains to immovable assets. Intellectual property, on the other hand, involves intangible assets such as inventions, trademarks, and copyrights, which do not relate to physical items that can be moved. Similarly, immovable tangible property describes things that are fixed or attached to real estate, which again does not fit the definition of property that can be easily moved. Therefore, "movable tangible personal property" accurately encapsulates the concept of tangible items capable of being transported.

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