Tangible Asset

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

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.

---

Tangible Asset

What Does Tangible Asset Mean?

A physical asset such as inventories, machinery, buildings, and land.

Investopedia explains Tangible Asset

This is the opposite of an intangible asset, such as a patent, a trademark, or goodwill. Whether an asset is tangible or intangible is not inherently good or bad. For example, a well-known brand name can be very valuable to a company. In contrast, if a product is produced solely for a trademark, at some point the company will need to have “real” physical assets to produce it.

Related Terms:
• Asset
• Book Value
• Intangible Asset
• Net Tangible Assets
• Price to Tangible Book Value—PTBV