Federal Signal's SSTX3-MV is an explosion-proof electronic siren capable of producing three high decibel tones from the same unit. The integrated circuitry is contained in a rugged die-cast aluminum housing.
Personal property: Chattels. The term chattel sometimes refers to all kinds of personal property, but often it refers only to tangible personal property (such as nose flutes and toenail clippers) as opposed to intangible property. A chattel, such as a furnace, can be affixed to land and become part of the real property. Such chattels are called fixtures. However, fixtures may retain their quality as separate personal property for certain purposes.
An intangible asset is an idea, concept or legal right that has some monetary value, but is not physical in nature. In essence, an intangible asset is a piece of valuable property that you cannot touch, see, hear, smell or taste.It has real value and existence, but it has no physical embodiment.Intangible assets include intellectual property, licenses and approvals, and business good will.n essence, an intangible asset is a piece of valuable property that you cannot touch, see, hear, smell or taste. It has real value and existence, but it has no physical embodiment. Intangible assets include intellectual property, licenses and approvals, and business good will.