Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

  

English definition of “tangible asset”

tangible asset

noun [C]     (also hard asset, also tangible) ACCOUNTING, FINANCE
a physical asset whose value can be easily measured, such as cash, property, goods, or machinery: The pension fund invests the savings of its members in tangible assets such as land and buildings. → Compare intangible asset, soft asset
(Definition of tangible asset noun from the Cambridge Business English Dictionary © Cambridge University Press)
Focus on the pronunciation of tangible asset

Word of the Day

pump iron

to lift heavy weights for exercise

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More