- Things that can be quantitatively measured or valued, such as items of cost and physical assets.
(written as Tangibles)A term that is sometimes used to describe the outcomes of decisions that are either in the form of priced consequences or in some other measurable and quantifiable form. The term is unsatisfactory (as is its antonym ' intangible ') on the ground that consequences that are not measured are unmeasured usually because no one has yet invented a measure for them rather than because they are in principle immeasurable. Even 'psychic' effects yield to various forms of utility measurement. The critical judgments that need to be made usually concern the adequacy of particular extant measures (for example, prices) or the characteristics that a measure ought to have if it is to be regarded as a good one for a particular set of purposes.