intangible asset

intangible asset definition - finance
An asset (something beneficial to an organization) that is not actual physical property. Examples of intangible assets are patents, trademarks, copyrights, goodwill, and various kinds of permits. Real estate and cash are tangible assets.

Webster's New World Finance and Investment Dictionary Copyright © 2003 by Wiley Publishing, Inc., Indianapolis, Indiana.
Used by arrangement with John Wiley & Sons, Inc.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.