Intangible Asset Definition

noun

(accounting) Intangible personal property, acquired for money, that does not have a face value or a ready market.

Wiktionary

(business) Any valuable property of a business that is not does not appear on the balance sheet, including intellectual property, customer lists, and goodwill.

Wiktionary
Synonyms:

Other Word Forms of Intangible Asset

Noun

Singular:
intangible asset
Plural:
intangible assets

Intangible Asset Sentence Examples

  • Well another asset of a company is an intangible asset called ' Goodwill ' .

  • Therefore for companies they will be qualifying assets under the intangible asset rollover relief provisions but not under the chargeable gains rollover relief provisions.

  • The gain on a tangible asset, will not be allowed to be rolled over into an intangible asset.

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