intangible asset


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. Bloomberg Financial Dictionary
————
An intangible asset is an asset that you cannot touch but appears on the balance sheet, such as, brand name, patent or copyright. Financial Services Glossary

* * *

intangible asset intangible asset asset

* * *

intangible asset UK US noun [C] (also intangible, invisible asset)
ACCOUNTING, FINANCE something that does not exist in a physical way, but which has value for a business, such as a brand name: »

A large chunk of the acquisition price will be allocated to intangible assets, including goodwill.

Compare TANGIBLE ASSET(Cf. ↑tangible asset)

Financial and business terms. 2012.