tangible assets

Definitions

Accounting

  • plural noun assets that are physical, such as buildings, cash and stock. Leases and securities, although not physical in themselves, are classed as tangible assets because the underlying assets are physical.

Law

  • plural noun assets which exist in the physical world, e.g. machinery, buildings, furniture or jewellery.

Travel

  • plural noun assets which have a value and actually exist, such as buildings, machines and fittings
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