intangible asset

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Intangible asset

A legal claim to some future benefit, typically a claim to future cash. Goodwill, intellectual property, patents, copyrights, and trademarks are examples of intangible assets.

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.

intangible asset

An asset such as a patent, goodwill, or a mining claim that has no physical properties. Since intangible assets are often difficult to value accurately, such assets when included on a corporate balance sheet may have a true value significantly different from the dollar amounts indicated there. Compare tangible asset.
References in classic literature ?
He claimed that the thing, whatever it was, was invisible, that with his own eyes he had seen that it was invisible; wherefore his tearful wife and daughters shook their heads, and wherefore he but waxed the more violent, and the gardener and the coachman tightened the straps by another hole.
All I could see was the blotch of shadow and the rainbow flashes, the dust rising from the invisible feet, the earth tearing up from beneath the straining foot-grips, and the wire screen bulge once or twice as their bodies hurled against it.
Select total force Airmen will be chosen to participate in one of two surveys supporting the Invisible Wounds Initiative.
Photo courtesy of The Invisible Hands official Facebook page CAIRO -- 17 January 2018: This year's Berlin Film Festival's Forum Expanded panel will include the Egyptian psychedelic folk rock band "El-Ayadi El-Khafeyya" (The Invisible Hands) as the featured performing artist for the forum's concert.
Synopsis: The primary message of "The Invisible Leader: Transform Your Life, Work, and Organization with the Power of Authentic Purpose" by international speaker, trainer, and organizational performance scholar Zach Mercurio is that, surprisingly, the best leaders aren't people.
I wrote Invisible People to highlight the class that's invisible and needs to be brought to the front.
The future of the planet depends on Noah (now rendered invisible following a mishap with his mother's invention), the ghost of a Victorian scientist (also invisible) and a sixteenth century French knight, Sir Guy, with his trusty steed, Maloney (again, both invisible).
Global Banking News-October 19, 2016--KPMG says banking to become invisible by 2030
com)-- Invisible Braces is a way to straighten teeth without braces.
Set just outside the city centre, in Carlton Street, between Great Howard Street and the dock road, the Invisible Wind Factory will announce itself on Liverpool's arts stage this week with the first in a series of immersive shows and performances.
Invisible Connections: Invisible Connections provide users immediate access to Dispel's un-attributable infrastructure.
TECH and design company Invisible Artists Global has opened a new office in the Jewellery Quarter.