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Intangible assets include operational assets that lack physical substance. For example, goodwill is a fixed asset, as are patents, copyrights, trademarks and franchises. A company's intangible ...
An asset is anything that an individual or business owns that has monetary value and can be sold for cash. There are four main types of assets: liquid, illiquid, tangible, and intangible. Knowing ...
Intangible assets can be bought and sold independently of the business itself. There’s also a key distinction in how the two asset classes are amended once they’re on the books.
If you guessed that intangible assets are assets you can’t touch, you’re on the right track. “An intangible asset is [one] that is not physical in nature and does not include liquid or ...
Examples of intangible assets include franchise rights, patents, copyrights and brand names. Add up the value of your current assets, long-term investments, fixed assets and intangible assets.
The value of fixed assets often declines every year due to depreciation, ... An intangible asset is merely an idea that a company controls, such as a retailer's brand(s).
Investment in intangible assets grew over three times faster than investment in physical assets across 27 leading economies ...
Fixed assets are depreciated over their useful lives to reflect wear and tear and to reduce the cost of the assets on the balance sheet. A company may also possess intangible fixed assets, such as ...
While fixed assets -- tangible assets that companies own for more than a year -- are most commonly associated with businesses, individuals sometimes add them to their portfolios as well. More: 8 ...