items that you cannot physically account for
Intangible
Assets are tangible items like buildings, equipment, inventory, etc. that usually have a value that can be relatively easy to determine. Intangible items are things like reputation, worker skill, etc. that can't be easily monetized.
It is a prepaid expense to be expensed over time. Not an intangible.
Tangible assets for a bank include all assets after making deductions for goodwill and intangible resources. Intangible assets have no physical properties.
Intangible personal property includes stocks, bonds and mortgages. See the related question link provided below.
Intangible assets are items such as Copyrights, patents, goodwill, trademarks, etc. These would be classified as Intangible Assets on a company's balance sheet.
Intangible
Intangible
I am an eleven year old so I don't really know what intangible means, but a few items would be riptide, his friends, and if available annebeths invisibility cap
Tangble is something you can see, touch or feel--others get a full view of these items.....on the other hand the, intangible is not anything you can see, touch or feel It is a concept, an idea, a but nothing that you can physically see
Tangible personal property is something you can touch and is movable. Intangible personal property is property that has no physical existence. Examples of intangible personal property are: stocks, bonds, bank notes, trade secrets, patents, copyrights, professional reputation, goodwill and trademarks. Some "untouchable" items may be represented by a certificate or license.
1 - Goodwill 2 - market related intangible assets 3 - Customer related intangible assets 4 - Contract related intangible assets 5 - Artistic related intangible assets 6 - Technology related intangible assets
It's intangible
Sometimes things that you want are intangible.
Software is considered to be an intangible product. The term intangible refers to something that can not be physically held in the hands.
Three example of an intangible product
patents are intangible assets as these have not physical existence. patent is a right to use something which is not physical that's why it is an intangible asset.