Tangible personal property ... used that breaks down and needs fixing. Intangible assets, on the other hand, lack physical substance but have value due to their legal or economic benefits.

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 ...

As consumers, we buy things based on the perception of value, and not necessarily just based on the ‘matter’-ial – or the ...

The report, titled Investor Perspectives: Intangible Assets ... companies’ sources of value on balance sheets and to treat intangibles more consistently with tangible assets.