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intangible asset


from Wiktionary, Creative Commons Attribution/Share-Alike License

  • n. Intangible personal property, acquired for money, that does not have a face value or a ready market.
  • n. Any valuable property of a business that is not does not appear on the balance sheet, including intellectual property, customer lists, and goodwill.

from WordNet 3.0 Copyright 2006 by Princeton University. All rights reserved.

  • n. assets that are saleable though not material or physical


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