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The meaning of INTANGIBLE is not tangible : impalpable. How to use intangible in a sentence.
not definite or clear to the mind: intangible arguments. Synonyms: fleeting, elusive, vague. (of an asset, such as reputation or a patent) not physical or financial, and often not measurable or transferable, but contributing to the value of a business.
INTANGIBLE definition: 1. impossible to touch, to describe exactly, or to give an exact value: 2. something that exists…. Learn more.
- What Is An Intangible Asset?
- Types of Intangible Assets
- How to Value Intangible Assets
- Intangible vs. Tangible Assets
- The Bottom Line
Intangible assets differ from tangible assets, which have physical forms such as buildings or office furniture. For businesses, an intangible asset includes patents, goodwill, and intellectual property.
Intangible assets are generally considered long-term and their value can increase over time. An intangible asset like a brand name can be critical to a company's long-term success. Businesses can create or acquire intangible assets. For example, a company may create a mailing list of clients or establish a patent. It can write off the expenses from...
A business like Coca-Cola (KO) can contribute much of its success to brand recognition. Although brand recognition is not a physical asset that can be seen or touched, it can have a meaningful impact on generating sales. Intangible assets have no recorded book value. Because of this, when a company is purchased, the purchase price is above the book...
Tangible assets can be current or fixed. Current assets can be easily used and converted to cash such as inventory. Fixed assets are tangible assets with a lifespan of one year or more. Plant, property, and equipment (PP&E)are considered fixed. Common tangible assets include property, equipment, furniture, inventory, and vehicles. Financial securit...
Businesses can have both tangible and intangible assets. Even though intangible assets can't be seen and held, they provide value for companies as brand names, logos, or mailing lists. Intangible assets can be difficult to value.
- Will Kenton
- 2 min
noun. assets that are saleable though not material or physical. synonyms: intangible asset. see more.
Find 37 different ways to say INTANGIBLE, along with antonyms, related words, and example sentences at Thesaurus.com.
adj. 1. incapable of being perceived by touch; impalpable. 2. imprecise or unclear to the mind: intangible ideas. 3. (Accounting & Book-keeping) (of property or a business asset) saleable though not possessing intrinsic productive value. n. something that is intangible. inˌtangiˈbility, inˈtangibleness n. inˈtangibly adv.
