intangible asset

(redirected from invisible)
Also found in: Dictionary, Thesaurus, Legal, Encyclopedia, Wikipedia.
Related to invisible: invisible hand

Intangible asset

A legal claim to some future benefit, typically a claim to future cash. Goodwill, intellectual property, patents, copyrights, and trademarks are examples of intangible assets.

Intangible Asset

In accounting, any asset that cannot be seen or touched. Intangible assets include things like patents and brand recognition, which add value to a company, but are difficult to price. Intangible assets explicitly do not include actual things, such as widgets, a widget factory, or the land upon which the widget factory is built. Because of the difficulty in pricing, intangible assets are sometimes not included in a company's valuation. However, not including them may not express the company's true value. See also: Tangible assets.

intangible asset

An asset such as a patent, goodwill, or a mining claim that has no physical properties. Since intangible assets are often difficult to value accurately, such assets when included on a corporate balance sheet may have a true value significantly different from the dollar amounts indicated there. Compare tangible asset.
References in classic literature ?
I had sadly broken sleep when I got to bed, through thinking of the strange man taking aim at me with his invisible gun, and of the guiltily coarse and common thing it was, to be on secret terms of conspiracy with convicts - a feature in my low career that I had previously forgotten.
So spake the false dissembler unperceivd; For neither Man nor Angel can discern Hypocrisie, the only evil that walks Invisible, except to God alone, By his permissive will, through Heav'n and Earth: And oft though wisdom wake, suspicion sleeps At wisdoms Gate, and to simplicitie Resigns her charge, while goodness thinks no ill Where no ill seems: Which now for once beguil'd URIEL, though Regent of the Sun, and held The sharpest sighted Spirit of all in Heav'n; Who to the fraudulent Impostor foule In his uprightness answer thus returnd.
So when the day approached he put on his invisible belt, took a sack of gold pieces with him, and slipping into her room in the middle of the night, he placed the bag of gold beside her bed and returned to his sheep.
When her side is turned towards us, we see her as a straight line; when the end containing her eye or mouth -- for with us these two organs are identical -- is the part that meets our eye, then we see nothing but a highly lustrous point; but when the back is presented to our view, then -- being only sub-lustrous, and, indeed, almost as dim as an inanimate object -- her hinder extremity serves her as a kind of Invisible Cap.
That night another invisible missile started on its way to the earth from Mars, just a second or so under twenty-four hours after the first one.
You mistake,' he said, `providence does exist, only you have never seen him, because the child of God is as invisible as the parent.
There they all landed, and went into the castle, and each prince danced with his princess; and the soldier, who was all the time invisible, danced with them too; and when any of the princesses had a cup of wine set by her, he drank it all up, so that when she put the cup to her mouth it was empty.
It was quite invisible in the flaring lights of the camp fires.
While he was speaking, the curtain of smoke that had concealed the hollow, driven by a rising wind, began to move from right to left as if drawn by an invisible hand, and the hill opposite, with the French moving about on it, opened out before them.
The piglets have become invisible, in some curious way.
By making our country invisible to all eyes but our own," replied the Sorceress, smiling.
But after making six books about the adventures of those interesting but queer people who live in the Land of Oz, the Historian learned with sorrow that by an edict of the Supreme Ruler, Ozma of Oz, her country would thereafter be rendered invisible to all who lived outside its borders and that all communication with Oz would, in the future, be cut off.