Hard assets

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.

Hard assets.

Hard assets are the tangible property of a company or partnership, such as the buildings, furniture, real estate, and other equipment it owns.

When you make a direct investment in hard assets, as you do when you invest in a direct participation program (DPP), you have an ownership interest in the actual assets rather than in shares of the corporation.

The profit, if any, that you realize from hard assets is dependent on their ability to produce revenue, as a rental property or a leased airplane might.

References in periodicals archive ?
Prices of hard assets continue to rise as fiat further devalues.
Excellent opportunity for Dog Trainer to own facility and earn even more than shown and build a retirement program worth $1,000,000+ This is essentially an asset sale of $800,000 in hard assets.
To accomplish the goal of achieving a real rate of return on investments after taxes and inflation are considered, history proves that can only be supplied by owning hard assets.***
RS Investments, a San Francisco-based investment management firm, today announced that James Bruce has joined the RS Hard Assets Team as an equity analyst.
Toronto, Canada, Nov 22, 2010 - (ABN Newswire) - Avalon Rare Metals (TSE:AVL) (OTCQX:AVARF) is pleased to invite shareholders and interested parties in rare metals, rare earth elements and specialty metals in the San Francisco area to visit us at Booth #506 at the Hard Assets Investment Conference on Sunday and Monday, November 21 and 22, 2010.
Another significant change occurred with the SBA 504 program, which is a program that historically has been used to finance the purchase of hard assets - either real estate or equipment.
Acents[euro]A"The worth of a brand name could surpass the value of the hard assets. When a company's interests expand, its name often changes to become a more accurate reflection," said Oman Air's corporate communications and media wing yesterday.
A truly disciplined approach to building a diversified portfolio should include an allocation of "hard assets."
"Statement 157 makes good sense for valuing financial instruments, but it is bad for the valuation of non-financial assets and liabilities, such as intangibles and hard assets." says Alfred King, vice chairman of Marshall & Stevens, a national valuation firm.
law has pointed out that equitable distribution does not mean equal, but he still awarded $20 million to Wendt's wife in hard assets.
By synthetic assets, I mean existing physical plant and equipment, existing ways of doing things, existing employment policies (as compared to hard assets which I consider to be markets, trees and environmental permits).