Intangible-asset meaning

An asset (something beneficial to an organization) that is not actual physical property. Examples of intangible assets are patents, trademarks, copyrights, goodwill, and various kinds of permits. Real estate and cash are tangible assets.
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(accounting) Intangible personal property, acquired for money, that does not have a face value or a ready market.
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(business) Any valuable property of a business that is not does not appear on the balance sheet, including intellectual property, customer lists, and goodwill.
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