The assets you cannot touch or see but that have value. Intangible assets include franchise rights, goodwill, noncompete agreements and patents, among others. One of the line entries on your ...

Amortization and depreciation are accounting methods used to allocate the cost of assets over their useful lives.

Unlike depreciation, which accounts for the reduction in the value of tangible assets, amortization is only used for intangible assets, which can't be seen, touched, or felt. While amortization ...

Amortization applies to intangible assets like patents and trademarks. Depreciation deals with tangible assets like ... The ...