Business, Legal & Accounting Glossary
Without shape or form, cannot be touched.
Incapable of being perceived by the senses; incorporeal
That which cannot be assessed, felt, measured, or moved because it has no physical substance.
Refers to that which cannot be assessed, felt, measured, or moved because it has no physical substance.
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.
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.
Definitions for Intangible are sourced/syndicated and enhanced from:
This glossary post was last updated: 6th January, 2020