Definitions for "Chose in Action"
A right of property in intangible things or in things which are not in one's possession, which right is enforceable through legal or court action. Examples may include salaries, debts, insurance claims, shares in companies, and pensions.
Personal right not reduced to possession but recoverable by an action at law, e.g. creditor's right to money owed by debtor.
a comprehensive term used to describe a property right or the right to possession of something that can only be obtained or enforced through legal action
a generic term describing a myriad of unrelated proprietary interests