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Tangible Asset |
Also found in: Hutchinson | 0.01 sec. |
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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 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: How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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