In accounting, an asset representing ownership of a legal right or other nonphysical resource. Contrast with tangible asset.
An asset whose value can only be estimated or is indeterminate. Examples include patents, copyrights and goodwill.
An asset in thin air that someone thinks is valuable. Typically this could be a brand name, the rights to a process or a publishing title. See Fixed Asset.
An asset that does not exist on a physical level but has some value assigned to it.
goodwill, intellectual property, patents, copyrights, trademarks, etc.
assets that are saleable though not material or physical
a claim to future benefit that does not have a physical or financial embodiment
an asset that usually does not have a physical substance but is expected to provide future economic benefits to the University
an identifiable non-monetary asset without physical substance held for use in the production or supply of goods or services, for rental to others, or for administrative purposes
a non-physical asset giving an entity probable future economic benefits arising from some exclusive, preferred or protected position
is a non-monetary asset, without physical substance, and is separable such as brand names, computer software, licenses, franchises and intangibles under development and it is probable that future economic benefits of the asset will flow to the entity (IAS definition).
long-term asset that represents a financial, legal, or accounting concept rather than a physical item. Examples of intangible assets include: Goodwill , the value of a patent, copyright, or trademark, the value of a franchise or operating rights. Under accounting rules, an intangible asset must have a useful life greater than one year, and a portion of its value must be amortized over time as an expense. Near the end of the useful life of an intangible asset, when its remaining life is less than one year, the asset must still be classified as a long-term asset. See also tangible asset.
Unlike a fixed asset, these are assets that you cannot touch. Typical examples might be a brand name, trademark or particular rights that a company could hold.
A non-financial asset lacking physical substance; examples include goodwill, patents, trademarks and licenses.
An asset that is a right and nonphysical, as opposed to equipment, buildings, etc which are tangible assets. Examples include copyrights, patents, trademarks, goodwill, capitalized advertising costs, computer software, leases, licenses, etc.
Intangible assets are defined as assets that are not physical in nature. For example the building that a business owns is a tangible asset because it can be valued and sold for a specific sum of money. The most common form of intangible asset is called Goodwill. This is the customer base that the business has built up and is the principal reason that a business might sell for more than the value of the tangible assets.
An asset that has no physical substance such as goodwill.
A non-physical, notable asset of the business, e.g. copyright.
An asset without physical substance that has value due to rights resulting from its ownership and possession (for example, goodwill, patents, trademarks).
A non-financial asset lacking physical substance, such as goodwill, patents, trademarks and licenses. Also includes present value of future profits, which are anticipated net discounted cash flows to be realized from certain in-force insurance, annuity and investment contracts at the date of acquisition of a life insurance business.
A legal claim to some future benefit, typically a claim to future cash. Financial assets, also called financial instruments or securities, are intangible assets.
That which has no physical existence but represents value, such as goodwill, going concern value, business trade name. (See Blue-Sky)
An asset such as a patent, permit, computer program, or claim that has no physical properties. It is difficult to assign values to these types of assets.
An intangible asset is an asset that you cannot touch but appears on the balance sheet, such as, brand name, patent or copyright.
An asset with no physical existence, the value of which is determined by rights given to the owner. (For example, patents or trademarks.) See also copyright.
A non-physical asset, such as brand name, patent or copyright, that can be given a notional value on a company's balance sheet.
An asset that does not have a physical presence, such as goodwill, a patent or a trademark.
Something of value that is unable to be physically touched, e.g. patent, franchise, or trademark.
A legal claim to some future benefit, typically a claim to future cash. Goodwill, intellectual property, patents, copyrights, and trademarks are examples of intangible assets
A resource under the ownership or control of a business that expects to derive economic benefit from the exploitation of that resource, which has no physical substance and is not monetary (Brockington).
An item of value whose true worth is hard, or even impossible, to determine, such as goodwill, reputation, patents, and so on.
An asset having no physical substance (e.g. goodwill, patents, franchises, copyrights).
Asset having no physical existence such as trademarks and patents. (See TANGIBLE ASSET.)
Nonphysical resources that provide gainful advantages in the marketplace. Copyrights, software, logos, patents, goodwill, and other intangible factors afford name recognition for products and services. They are all examples of intangible assets and may provide significant value to a business operation.
Non-physical resources or rights to other assets. Patents, goodwill, permits and computer programs are examples of intangible assets.
An asset that is not physical in nature.
An asset which has no physical substance, such as goodwill, patents, trademarks and copyrights.
An asset that does not physically exist save and except for any written documentation or agreement between parties supporting its value.
Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort.http://www.bestpricecomputers.co.uk/glossary/asset-management-software.htm Asset management in the enterprise There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists, copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities (know-how,knowledge), collaboration activities, leverage activities, and structural activities. Legal intangibles generate legal property rights defensible in a court of law. Competitive intangibles, whilst legally non-ownable, directly impact effectiveness, productivity, wastage, and opportunity costs within an organization - and therefore costs, revenues, customer service, satisfaction, market value, and share price.