Define: Intangible

UK Accounting Glossary

Definition: Intangible


Quick Summary of Intangible


Without shape or form, cannot be touched.


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What is the dictionary definition of Intangible?

Dictionary Definition


Incapable of being perceived by the senses; incorporeal

That which cannot be assessed, felt, measured, or moved because it has no physical substance.


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Full Definition of Intangible



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Examples of Intangible in a sentence


You will be taxed on the proceeds of the sale, whether tangible or intangible.
There are many intangible benefits beyond just a increase in the share price.
When performing a cost-benefit analysis: you should identify intangible and tangible benefits and costs before putting in the required resources.
The benefits were intangible.
The issue lies with how intangible assets are defined and valued.


Intangible FAQ's


What is an intangible quality?

not tangible; incapable of being perceived by the sense of touch, as incorporeal or immaterial things; impalpable.

What is an intangible cost?

An intangible cost is an un-quantifiable cost relating to an identifiable source. Intangible costs represent a variety of expenses such as losses in productivity, customer goodwill, a decrease in employee morale, loss of brand value or damages to a corporations reputation.

What is an intangible goal?

Intangible goals are everywhere. When it comes to strategic goals, or operational or team goals that cascade from a corporate strategy, making them measurable can be hard.

What is an intangible asset?

An intangible asset is an asset that is not physical in nature. Brand Recognition, Goodwill and forms of intellectual property, such as trademarks, copyrights or patents, are all considered types of intangible assets.

What are intangible benefits?

Tangible benefits are those measured in monetary terms and intangible benefits cannot be measured in monetary terms but they do have a very significant business impact.


Cite Term


To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.

Page URL
https://payrollheaven.com/define/intangible/
Modern Language Association (MLA):
Intangible. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. November 12, 2019 https://payrollheaven.com/define/intangible/.
Chicago Manual of Style (CMS):
Intangible. PayrollHeaven.com. Payroll & Accounting Heaven Ltd. https://payrollheaven.com/define/intangible/ (accessed: November 12, 2019).
American Psychological Association (APA):
Intangible. PayrollHeaven.com. Retrieved November 12, 2019, from PayrollHeaven.com website: https://payrollheaven.com/define/intangible/

Definition Sources


Definitions for Intangible are sourced/syndicated from:


This glossary post was last updated: 23rd December 2018.