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intangible asset

intangible asset

1 6.8
A valuable thing you cannot touch, like a brand name or patent
  • noun
  • /ɪnˈtæn.dʒə.bəl ˈæs.et/
  • Specialized
translation icon : activo intangible
  • The BSC enables organizations to track short-term financial and operating results while monitoring progress in building the capabilities and acquiring the intangible assets needed for future growth and success (Kaplan and Norton 1996b).
  • intangible assets and capital

Examples

  • First: Dave is right—marketing builds a brand, which is an intangible asset.

    Blog text (25)
  • I interpret one's brand(s) and reputation as having value: intangible assets.

    Blog text (25)
  • But I believe that this is part of our intangible assets and should be preserved and passed on.

    Blog text (17)
  • These measures relate to an organization's more intangible assets and the ability to excel in the future.

    Academic text (2001)
  • Marketing investments take the form of various intangible assets, like mindshare or brand value.

    Blog text (25)
  • A number of sample firms disclosed purchases of intangible assets in the investing section of their SCFs.

    Academic text (2002)
  • But like all other intangible assets, you can't take them out of the mix and calculate an ROI in isolation.

    Blog text (25)
  • The company's two strongest intangible assets are its technology and brand reputation.

  • United's customer loyalty through its Mileage Plus program is one of the airline's most valuable intangible assets.

  • Do not forget to consider intangible assets, such as patents and trademarks, when evaluating a business.

Antonyms

Things that you can touch and own, like books or furniture

How Tangible

intangible asset
  • Specialized
1 6.8
intellectual property
  • Specialized
49 4.6

Surface Forms

Morphology

intangible + assets

The meaning is directly compositional: 'intangible' = not physical/ hard to grasp + 'asset' = valuable possession, so together they denote a non-physical valuable item. This adjective+noun pattern is regular and has clear cross-linguistic equivalents (e.g., Spanish 'activo intangible'), so a B1 learner who knows both words should be able to infer the meaning.

Etymology

Intangible asset joins intangible, meaning something you cannot touch, and asset, meaning something of value, to give a clear image of a valuable thing with no physical form. That's why the term is used for things like brand names, patents, or goodwill, which are 'valuable' but 'non-physical'.