tangible asset

Tangible Asset

An asset that has a physical form such as machinery, buildings and land.

Notes:

This is the opposite of an intangible asset such as a patent or trademark. Whether an asset is tangible or intangible isn't inherently good or bad. For example, a well-known brand name can be very valuable to a company. On the other hand, if you produce a product solely for a trademark, at some point you need to have "real" physical assets to produce it.

See also: Asset, Fixed Asset, Intangible Asset, Net Tangible 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

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.