tangible asset

(redirected from Physical Assets)

Tangible asset

An asset whose value depends on particular physical properties. These include reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art. Also called real assets. Converse of: Intangible asset

Tangible Asset

In accounting, any asset that can be seen and touched. Tangible assets include things that can be reproduced, such as widgets or a widget factory, and things that cannot be reproduced, such as the land upon which the widget factory is built. Tangible assets are comparatively easy to price, and therefore they are often used to express the value of a company. However, because they do not include intangible but still valuable things like patents and brand recognition, they may not truly express a company's value. Less commonly, tangible assets are called hard assets. See also: Intangible Assets.

tangible asset

An asset such as a building or piece of equipment that has physical properties. Also called hard asset. Compare intangible asset. See also net tangible assets per share.
References in periodicals archive ?
Gemalto, the world leader in digital security, is working with Tapit, a platform used by global brands to transform their physical assets into interactive objects, to launch "Tapit and Buy".
This will change from 69: 31 in favour of physical assets to 50: 50, over the next five years.
More manufacturers are starting to see how EAM increases insights into their physical assets for production and planning.
DiStefano, a specialist in physical asset management, and Thomas, a specialist in internal data integrity, emphasize the importance of a company to maintain complete and accurate data on the performance its physical assets, and make a case that keeping such information up to date is good business.
Army was holding physical assets valuing over Rs 28.
To protect their employees, confidential information and physical assets properly, the majority of New York tenants install security systems in their office suites.
1 is designed to help users extend their Total Campus Management practices to include proper accounting, classification, and tracking of their physical assets, thereby helping administrators make better financial decisions, minimize risk, maximize revenue, and improve the overall process of managing institutional assets.
Trinity Learning will acquire content libraries, trademarks, brands, intellectual property, databases and physical assets, including video production and distribution capabilities used to deliver integrated learning solutions to professionals in the homeland security, healthcare, industrial, fire and emergency, government, law enforcement and private security markets.
When CPM closed, Cincinnati Milacron bought its name and intellectual property, but didn't take physical assets or employees.
SAIC's investments in technology and service delivery combined with its deep understanding of physical assets have delivered proven solutions to the public sector, energy, telecommunications, health care and transportation industries.
Regular bonding only protects the vendor, and "third-party fidelity" bonding safeguards companies against theft of physical assets only

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