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Finance Dictionary and Glossary of Investment Terms
tangible asset
Definition 1.
Assets having a physical existence, such as cash, equipment, and real estate; accounts receivable are also usually considered tangible assets for accounting purposes. opposite of intangible asset.
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Definition 2.
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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Definition 3.
An asset that has a physical form.
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