Tangibility is the state of being palpable or discernible by the touch.. Intangibility on the other hand, is incapable of being perceived by the sense of touch.

The word "tangibility" used in this setance usuallly means "Possible to be treated as fact". Therfore the phese would mean "level of fact" or level of accuracy"

Tangible or

tangibility

tangibility, reliability, responsiveness, empathy and assurance

Copyright, patent, goodwill... all r intangible assets. All assets falls into real account irrespective of their tangibility and intangibility.