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intangible

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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.

(adjective)

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.

See intangible in Webster's New World College Dictionary

adjective

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: ML intangibilis: see in- & tangible

noun

something intangible

Related Forms:

intangibility noun pl. intangibilities
intangibly adverb

See intangible in American Heritage Dictionary 4

adjective

Incapable of being perceived by the senses.
Incapable of being realized or defined.
Incorporeal.

noun

Something intangible, especially an asset that cannot be perceived by the senses. Often used in the plural: intangibles such as goodwill and dedication.
Law Incorporeal property such as bank deposits, stocks, bonds, and promissory notes. Often used in the plural: a state tax on intangibles.

Related Forms: