intangible asset Antonyms
No Synonyms and anytonyms found
Meaning of intangible asset
Wordnet
intangible asset (n)
assets that are saleable though not material or physical
intangible asset Sentence Examples
- The company's brand recognition is a valuable intangible asset that drives growth.
- Intellectual property protection is crucial for safeguarding intangible assets like patents and trademarks.
- The company's goodwill, a measure of its reputation and customer loyalty, is a significant intangible asset.
- The research and development department continuously creates intangible assets that fuel innovation.
- The company's operating licenses and permits are essential intangible assets for its business operations.
- Accounting treatment of intangible assets requires careful allocation of costs over their useful lives.
- Intangible assets play a vital role in the valuation of businesses, particularly in technology and service industries.
- The acquisition of intangible assets, such as customer lists or exclusive distribution rights, can significantly enhance a company's competitive advantage.
- The impairment of intangible assets may occur when their value decreases due to factors such as technological advancements or market changes.
- Intangible assets can be subject to special tax treatment, depending on their nature and classification.
FAQs About the word intangible asset
assets that are saleable though not material or physical
No synonyms found.
No antonyms found.
The company's brand recognition is a valuable intangible asset that drives growth.
Intellectual property protection is crucial for safeguarding intangible assets like patents and trademarks.
The company's goodwill, a measure of its reputation and customer loyalty, is a significant intangible asset.
The research and development department continuously creates intangible assets that fuel innovation.
