general intangible

noun

Legal Definition of general intangible

: any personal property that is not an account, chattel paper, commercial tort claim, deposit account, document, instrument, goods, investment property, letter-of-credit right, letter of credit, money, or mineral before extraction especially as identified by section 9-102 of the Uniform Commercial Code

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“General intangible.” The Merriam-Webster.com Legal Dictionary, Merriam-Webster Inc., https://www.merriam-webster.com/legal/general%20intangible. Accessed 6 December 2019.

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