tangible asset

tangible asset definition - business

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.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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