tangible asset

tangible asset
something substantial or real that is capable of being given an actual or approximate value. Glossary of Business Terms
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An asset whose value depends on particular physical properties. These include 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. Converse of: intangible 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.

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Look at other dictionaries:

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

  • 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… …   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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