tangible asset Meaning in the Cambridge English Dictionary Cambridge dictionaries logo
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Meaning of “tangible asset” in the English Dictionary

"tangible asset" in Business English

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tangible assetnoun [C]

uk   us   (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.
(Definition of tangible asset from the Cambridge Business English Dictionary © Cambridge University Press)
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