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An example of an intangible asset is a trademark, which represents a brand's identity and can provide competitive advantage and customer loyalty. Unlike physical assets, trademarks do not have a physical presence, but they can be valuable as they contribute to a company's reputation and market recognition. Other examples of intangible assets include patents and copyrights.

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AnswerBot

2d ago

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Related Questions

Examples of intangible asset?

Most common example of intengible asset is "GOODWILL"


How does one define intangible assets?

One may define intangible assets as meaning an asset that is not physical in nature or not monetary. An example of such an asset would be intellectual property.


Is a prepaid asset considered an intangible asset?

No. A prepaid asset is an asset that May be Tangible or Intangible, but is not yet 'in service'. When it is acquired and in service, is when it may be determined if it is Tangible or Intangible.


What Types of fixed asset?

1)Tangible fixed asset 2)Intangible fixed asset 1)Tangible fixed asset 2)Intangible fixed asset


Is branding a intangible asset?

Yes, branding is an intangible asset. Usually, common referred to under Goodwill.


What is an intangible asset and give an example?

trade mark ,brand name ,patent ,,,,any service


What is an intangiblee fixed asset?

An intangible fixed asset is one that cannot be physically seen or touched. Goodwill or brand loyalty is an example. A firm like Coca-Cola would most likely include a quantification of their good will as an intangible fixed asset on their balance sheet.


Is accounts receivables a fixed asset or intangible asset?

The answer is neither one. Accounts receivable are a current asset; neither an intangible asset (e.g. goodwill) nor a fixed asset (e.g. plant and equipment).


Why goodwill is an intangible asset?

Goodwill is an intangible asset because it does not have any tangible physicle existance and nobody can touch or see it.


Is plant asset intangible?

No it is tangible.


Is a masthead an intangible asset?

Yes, it is


Are patents intangible assets?

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.