intangible asset

(redirected from invisible assets)
Also found in: Dictionary, Thesaurus.

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 periodicals archive ?
Content analysis upon the key informants' feedback about other possible invisible assets in the community and the rebuilding process was conducted in the same manner.
Three unanimous and two prevailing themes emerged from qualitative methods and shed light on the town's invisible assets and the rebuilding process.
The goal of this research was to examine the roles of invisible assets of a community in the aftermath of a natural disaster.
Invisible assets including the development zone's brand, the existing industry system and the influence of the leading enterprises in the zone are a component of the development zone's "soft strength", and deserve capital operation, which will enhance the zone's competitiveness and help the appreciation of the invisible assets.
No one can deny that the visible assets these horrendously evil civil servants have collected are beyond anything that any of the most knowledgeable about public corruption would care to admit to knowing about, but if one also considers the laundered or invisible assets these people have squandered, the devil himself would claim Yemen's corruption to be the best that he has accomplished in this Earth, since God threw Adam out of paradise.