Tangible asset

An asset whose value depends on particular physical properties. These i nclude reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art. Also called real assets. Related: Intangible asset

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tangible asset tangible asset asset

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tangible asset UK US noun [C] (also hard asset, also tangible) ACCOUNTING, FINANCE
a physical asset whose value can be easily measured, such as cash, property, goods, or machinery: »

The pension fund invests the savings of its members in tangible assets such as land and buildings.

Compare INTANGIBLE ASSET(Cf. ↑intangible asset), SOFT ASSET(Cf. ↑soft asset)

Financial and business terms. 2012.

Look at other dictionaries:

  • tangible asset — see asset 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • tangible asset — something substantial or real that is capable of being given an actual or approximate value. Glossary of Business Terms An asset whose value depends on particular physical properties. These include reproducible assets such as buildings or… …   Financial and business terms

  • Tangible Asset — Assets that have a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset. Nonphysical assets, such as… …   Investment dictionary

  • tangible asset — noun Any asset, such as buildings, land, equipment etc. that has physical form …   Wiktionary

  • tangible asset — real property, physical asset, material property …   English contemporary dictionary

  • tangible asset — A *long term *asset that possesses physical substance. Examples include *property, plant, and equipment …   Auditor's dictionary

  • tangible asset value — /ˌtændʒɪb(ə)l ˌæset vælju:/, tangible net worth /ˌtændʒɪb(ə)l net wɜ:θ/ noun the value of all the assets of a company less its intangible assets (goodwill, patents, etc.). It is shown as a value per share …   Dictionary of banking and finance

  • asset — as·set / a ˌset, sət/ n [back formation from assets, singular, sufficient property to pay debts and legacies, from Anglo French asetz, from Old French asez enough] 1: the entire property of a person, business organization, or estate that is… …   Law dictionary

  • tangible — tan‧gi‧ble [ˈtændʒbl] adjective 1. tangible results, proof, benefits etc can clearly be seen to exist or to have happened: • New revenue streams, particularly from e commerce opportunities are creating tangible benefits for the core business. • …   Financial and business terms

  • Asset — This article is about the business definition. For other uses, see Asset (disambiguation). Accountancy Key concepts Accountant · Accounting period · Bookkeeping · Cash and accrual basis · …   Wikipedia

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