intangibles

(redirected from intangible)
Also found in: Dictionary, Thesaurus, Legal, Wikipedia.
Related to intangible: Intangible property

Intangible Asset

In accounting, any asset that cannot be seen or touched. Intangible assets include things like patents and brand recognition, which add value to a company, but are difficult to price. Intangible assets explicitly do not include actual things, such as widgets, a widget factory, or the land upon which the widget factory is built. Because of the difficulty in pricing, intangible assets are sometimes not included in a company's valuation. However, not including them may not express the company's true value. See also: Tangible assets.

intangibles

costs and benefits usually associated with an INVESTMENT project that either cannot be quantified or that can be quantified but cannot easily be valued in money terms. Examples of the former include the scenic effects of projects such as airport runways in rural areas; examples of the latter might include reductions in accident deaths associated with road-building projects, which give problems setting a money value per life saved. Such intangibles are important although they cannot easily be incorporated into an investment appraisal. See COST-BENEFIT ANALYSIS.
References in periodicals archive ?
The "Lessors Of Nonfinancial Intangible Assets Global Market Report 2019" report has been added to ResearchAndMarkets.com's offering.
The session aimed to identify intangible cultural heritage and its most prominent aspects and the mechanisms of benefiting from it within the educational sector.
The event focused on showcasing the rich and diverse Syrian intangible heritage, including shadow play (the traditional art of shadow puppets in Syria) which is the first of its elements to be included in the UNESCO lists, along with other elements that are nominated to be placed on those lists.
Thanks to the personal involvement of UNESCO's Director General Audray Azouley and UNESCO, we managed to reach a consensus and enter a common tradition of cultivating stocks grown both in North and South Korea, on the Representative List of the Intangible Cultural Heritage of Humanity.
Minister of Culture and Tourism Abulfaz Garayev said at the event that the creation of the portal was the result of the Azerbaijani government's efforts to implement the provisions of the UNESCO Convention on the Safeguarding of the Intangible Cultural Heritage.
For the first time, the major developed economies began to invest more in intangible assets, like design, branding, R&D, and software, than in tangible assets, like machinery, buildings, and computers.
First, that the intensity of intangible capital in developed economies has increased in recent decades and is likely to continue rising.
Capitalism without Capital: The Rise of the Intangible Economy
Kazakhstan has been elected a member of the UNESCO Intergovernmental Committee for the Safeguarding of Intangible Cultural Heritage.
In their new book Capitalism without Capital: The Rise of the Intangible Economy (Princeton University Press, 2017), Jonathan Haskel from the Imperial College Business School and Stian Westlake from NESTA have written an excellent introduction to and overview of the extant economic thinking on intangible capital.
But have we talked about the existence of intangible heritage?