Business, Legal & Accounting Glossary
Personal property that has no physical existence, such as stocks, bonds, bank notes, trade secrets, patents, copyrights and trademarks. Such “untouchable” items may be represented by a certificate or license that fixes or approximates the value, but others (such as the goodwill or reputation of a business) are not easily valued or embodied in any instrument. Compare tangible property.
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Definitions for Intangible Property are sourced/syndicated and enhanced from:
This glossary post was last updated: 22nd April, 2020 | 1 Views.