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Finance Dictionary and Glossary of Investment Terms
intangible asset
Definition 1.
Something of value that cannot be physically touched, such as a brand, franchise, trademark, or patent. opposite of tangible asset.
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Definition 2.
An asset that is not physical in nature.
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Definition 3.
A legal claim to some future benefit, typically a claim to future cash. Goodwill, intellectual property, patents, copyrights, and trademarks are examples of intangible assets.
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