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value and extent

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value and extent

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The word 'intangible' is both a noun and an adjective.

The noun 'intangible' is a word for something with no physical presence or substance; something that is vague and difficult to understand or value; a word for a thing.

The noun forms of the adjective 'intangible' are intangibleness and intangibility.

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Tangible would include the money and products that are in the economy. The intangible would be the value placed on the products in the economy.

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"Intangible"

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: A tax imposed by some states or local governments on the value of intangible assets such as stocks, bonds, money market funds, and bank account balances.

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