Definition

A legal term referring to personal property or movable possessions, as opposed to real estate or land.

Example

In legal terms, personalty includes items like furniture, vehicles, and jewelry.

Conversation

I learned that the law defines personalty as personal property.

Oh really? I didn't know that!

Yeah, it’s interesting how it relates to ownership.

Definitely, it makes you think about what you truly own.

Synonyms & Antonyms

Root Explanation

Personalty is derived from 'personal' (from Latin 'personalis', meaning relating to a person) and the suffix '-ty' (meaning the state or condition of). The word 'personalty' refers to the state or condition of being a person, often used in legal contexts to denote personal property as opposed to real property.

Memory Tip

Think of 'personal' which relates to a person, and '-ty' indicating a state or condition. This helps you remember that 'personalty' refers to the state of being a person or personal property.

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