Intangible personal property is an item of individual value that cannot be touched or held. Examples of intangible personal property include patents, copyrights, life insurance contracts, securities investments, and partnership interests.Click to see full answer. Hereof, what is considered intangible property?Intangible property is property that does not derive its value from physical attributes. Patents, software, trademarks and license are examples of intangible property. On the other hand, business furniture and equipment are examples of tangible personal property.Beside above, what is the difference between tangible and intangible personal property? Tangible and Intangible Property – Tangible refers to physical property. That is, tangible property is anything that can be physically touched. Intangible property refers to non-physical property. Example: Intangible property includes patents, trademarks, trade secrets, copyrights, debts, and company good will. Consequently, is money an intangible property? Money is tangible property. Tangible property refers to any physical possession that can be held and managed, including real and personal property. Intangible assets generally serve a vital role in a business and are recorded in company books, but do not share an entry with tangible assets.Is a customer list an example of tangible personal property or intangible personal property?Intangible personal property consists of nonmaterial things such as copyrights, patents, computer software, franchises, bank accounts, stocks, bonds, trademarks, brand names, accounts receivable, customer lists, trade secrets or business licenses. Intangible property exists only as an intellectual concept.