(Law) right of ownership in intangible items which are not in a person's possession but may be recovered through legal or court action (such as shares in a company, debts, insurance claims, salaries and pensions); document (as a check or stock certificate) incorporating such a right
CHOSE IN ACTION
Meaning of CHOSE IN ACTION in English
Explanatory English dictionary bed edition. Толковый словарь английского языка Редакция bed. 2012