What does tangible asset mean?
Definitions for tangible asset
tan·gi·ble as·set
This dictionary definitions page includes all the possible meanings, example usage and translations of the word tangible asset.
Wiktionary
tangible assetnoun
Any asset, such as buildings, land, equipment etc. that has physical form
Wikipedia
tangible asset
In financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetary value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business.Assets can be grouped into two major classes: tangible assets and intangible assets. Tangible assets contain various subclasses, including current assets and fixed assets. Current assets include cash, inventory, accounts receivable, while fixed assets include land, buildings and equipment. Intangible assets are non-physical resources and rights that have a value to the firm because they give the firm an advantage in the marketplace. Intangible assets include goodwill, copyrights, trademarks, patents, computer programs, and financial assets, including financial investments, bonds, and stocks.
Numerology
Chaldean Numerology
The numerical value of tangible asset in Chaldean Numerology is: 4
Pythagorean Numerology
The numerical value of tangible asset in Pythagorean Numerology is: 8
Translations for tangible asset
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"tangible asset." Definitions.net. STANDS4 LLC, 2024. Web. 27 Apr. 2024. <https://www.definitions.net/definition/tangible+asset>.
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