Intangible Value

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Intangible Value

In accounting, the value of an asset that cannot be seen or touched. Intangible assets include things like patents and brand recognition, which add value to a company. It is very difficult to determine intangible value because its liquidity and intrinsic value are often unknowable. Intangible values are sometimes not included in a company's valuation. However, not including them may not express the company's true value.
References in periodicals archive ?
Indigenous heritage covers everything in sea country important to Traditional Owners for example, significant sites, fish traps and intangible values such as songlines and language.
This is how the UAE takes intangible values and brings them to life as tangible, clear goals for the nation and its people.
In a tangible sense Irish racing makes more from the sale of rights to broadcast races into betting shops, but there is a danger to any business or organisation if they underestimate intangible values.
Capital layer evaluations are not oriented toward maximizing or minimizing either tangible or intangible values.
It emphasizes the need to adopt the mechanisms of the Knowledge Economy which is the use of knowledge to generate tangible and intangible values.
The 11 papers demonstrate how to take intangible values into account when restoring modest local heritage buildings, how community participation can contribute to social cohesion and the preservation of the built environment, and how community involvement can play a role in post-disaster cultural regeneration after a major earthquake.
The project ARISTOTELE uses these processes, placing them in a model where the intangible values ​​such as creativity, knowledge and skills are identified and tracked in practical work, allowing the reuse of knowledge in other business processes.
After the rigorous evaluation of these approaches, it is concluded that intangible values seem to comprise a wide range from a shaping factor in culture on the formation and transformation processes of environments (4) to the values and meanings attributed to the built environment through the perception of people (5).
Those in the Australian Heritage Industry defend the seemingly poor Australian record in this regard by providing examples of an appreciation of the importance of intangible values in Australia's heritage structure using the experience of indigenous heritage as a model.
Here, it evolves such way that the deceiving or destruction of supreme intangible values leads finally to the decay and devaluation of the proper material and tangible values.
The main goal of the Festival is revitalization and dissemination of national praise, tangible and intangible values.
The awards she has won from various countries and organizations, like the Prince of Asturias Award, express admiration for her courage in the face of adversity and emphasize the importance of defending those intangible values that are forgotten or trampled on a daily basis, primarily by the abuse of power.