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:
Advertisement

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.

Related Articles

Intangible Asset Is Also Mentioned In

Advertisement

Find Similar Words

Find similar words to intangible asset using the buttons below.

Words Starting With

IININT

Words Ending With

TETSET

Unscrambles

intangible asset

Words Starting With I and Ending With T

Starts With I & Ends With TStarts With IN & Ends With TStarts With I & Ends With ET

Word Length