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intangible asset

DEFINITIONS OF: intangible asset

1

n assets that are saleable though not material or physical

Synonyms:
intangible
Types:
good will, goodwill
(accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
Type of:
assets
anything of material value or usefulness that is owned by a person or company
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