intangible[in tan′jə bəl]
- Intellectual property laws that protect a copyright are an example of laws that protect an intangible right.
- The reputation of a business has value but is an example of an intangible asset.
The definition of intangible is something with no physical presence that can't be touched, or is something that is vague and difficult to understand or value in concrete terms.
- that cannot be touched; incorporeal; impalpable
- designating or of any of certain business assets, esp. goodwill, that have no material being but have monetary value
- that cannot be easily defined, formulated, or grasped; vague
Origin of intangibleMedieval Latin intangibilis: see in- and amp; tangible
- Incapable of being perceived by the senses.
- Incapable of being realized or defined.
- Something intangible: The athlete owed his success not only to strength and speed but also to intangibles such as perseverance and dedication.
- often intangiblesa. An asset that cannot be perceived by the senses, such as intellectual property or goodwill.b. Law Incorporeal property such as bank deposits, stocks, bonds, and promissory notes: a state tax on intangibles.
- in·tan′gi·bil′i·ty, in·tan′gi·ble·ness
(comparative more intangible, superlative most intangible)
From Middle French intangible, from Medieval Latin intangibilis
intangible - Legal Definition
Impalpable; not capable of being touched or otherwise detected by the senses.