2 CFR § 1108.240
Intangible property
July 31, 2023
§ 1108.240 Intangible property.
Intangible property means:
(a) Property having no physical existence, such as trademarks, copyrights, patents and patent applications; and
(b) Property such as loans, notes and other debt instruments, lease agreements, stock and other instruments of property ownership, whether the property is considered tangible or intangible.