Intangible Value

Value that cannot be seen or touched.
Example: The Goodwill of an established business is an intangible value.

Total value of an organization as a going concern less the total value of its net tangible assets, leaving the residual intangible value. This residual value may represent Patents, Trademarks, Secrets, Goodwill, and the like. In theoretical terms, intangible value is the present value of excess earning power of an entity over the normal rate of return.