Posts Tagged ‘intangible asset’

An Intangible Asset is…

Thursday, May 19th, 2011

An intangible asset is an asset that a company owns even though it isn’t a physical thing – you can’t see it, touch it or measure how much of it you have, but it does have value. For example, an idea (also known as intellectual property) is an intangible asset because no matter how good an idea it is, it’s just a thought until you do something to turn it into a physical reality.