intangible[in tan′jə bəl]
- 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.
- 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.
- 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.