Definition of “intangible asset” - English Dictionary

british dictionary

“intangible asset” in British English

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intangible assetnoun [ C ]

uk /ɪnˌtæn.dʒɪ.bəl ˈæs.et/ us /ɪnˌtæn.dʒɪ.bəl ˈæs.et/

(Definition of “intangible asset” from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

“intangible asset” in Business English

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intangible assetnoun [ C ]

uk us also intangible, invisible asset

ACCOUNTING, FINANCE something that does not exist in a physical way, but which has value for a business, such as a brand name:

A large chunk of the acquisition price will be allocated to intangible assets, including goodwill.

(Definition of “intangible asset” from the Cambridge Business English Dictionary © Cambridge University Press)

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