tangible asset

(redirected from tangibles)
Also found in: Dictionary, Thesaurus, Legal.

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

In accounting, any asset that can be seen and touched. Tangible assets include things that can be reproduced, such as widgets or a widget factory, and things that cannot be reproduced, such as the land upon which the widget factory is built. Tangible assets are comparatively easy to price, and therefore they are often used to express the value of a company. However, because they do not include intangible but still valuable things like patents and brand recognition, they may not truly express a company's value. Less commonly, tangible assets are called hard assets. See also: Intangible Assets.

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.
References in classic literature ?
Poirot might have excellent reasons for his belief in Inglethorp's innocence, but a man of the type of Summerhaye would require tangible proofs, and these I doubted if Poirot could supply.
I think that for the first time we realized that the thing was not a bad dream, but a tangible reality.
She read it as a tangible statement, which could never be superseded.
Its pre-tax return on the book value of net tangibles in excess of the industry average are, therefore (16%-13%) x 3,059m [pounds sterling] = 92m [pounds sterling].
And yet there are some who believe that when it comes to Catholicism, progress means renouncing the visuals and tangibles that might suggest that anything that occurred before 1962 has any relevance for us at all.
The proposed "tangibles regulations" published in the Federal Register on August 21, 2006 (1) largely refine and clarify rather than fundamentally change the decades-old criteria for distinguishing between deductible expenses incurred to repair and maintain tangible property and capitalized costs incurred to acquire, produce, or improve such property.
Over the past 25 years, intangible assets have supplanted tangible assets as the key determinate of a company's value, yet traditional accounting methods remain focused on the tangibles, so a significant portion of corporate assets are going undervalued and unreported to investors.
Revenue ruling 65-193 approves only those methods under which valuations can be determined separately for tangibles and intangibles.
NASDAQ: GMAI) announced today that the company has reached an agreement with Afinsa Bienes Tangibles, S.
It would also be needed to test a "fourth" method under the rules relating to tangibles.
We believe this philatelic awareness offers a unique opportunity for our proposed joint venture, whether for the acquisition of fine stamps or for the possible marketing of investment plans similar to those sold so successfully by Afinsa Bienes Tangibles in Spain and Portugal.
Approximately 20% of 2004 revenue is expected to be derived from revenues generated under two agreements with Afinsa Bienes Tangibles, S.