- 1. A legal term denoting the attachment of a right or property to a more worthy principal. Appurtenance occurs when the attachment becomes part of the property such as a furnace or air conditioning unit.
2. An object or privilege associated with status, title or affluence.
1 For legal transactions, appurtenances grant the ownership of certain items to a person who obtains a primary property. For example, once a tennant installs a new water tank into the appartment, they usually can not remove the appurtenance because it is now part of the property.
2 People may make references to the appurtenances of wealth or celebrity. These often include sports cars, large estates and designer clothing.
Investment dictionary. Academic. 2012.