Copyright © Philip M. Parker, INSEAD. Terms of Use.
| Domain | Definition |
Finance | An asset that has no substance or physical properties. Intangible assets include goodwill, patent rights, permits, copyrights and licenses. (references) |
Source: compiled by the editor from various references; see credits. | |
(From Wikipedia, the free Encyclopedia)
The most common form of intangible asset is called Goodwill. This is the customer base that the business has built up and is the principal reason that a business might sell for more than the value of the tangible assets.
However the value of Goodwill is very difficult to assess especially in cases where personal contact is important. For example an accountant who sells his practice would not be able to guarentee that all of his clients would transfer to the buyer.
When purchasing a business of this nature it is very important to be sure that provisions are made for an adjustment in the sales price after an initial trial period to see if the client base has eroded.
Source: adapted by the editor from Wikipedia, the free encyclopedia under a copyleft GNU Free Documentation License (GFDL) from the article "Intangible asset."
Crosswords: INTANGIBLE ASSET |
| English words defined with "INTANGIBLE ASSET": good will, goodwill. (references) |
| Specialty definitions using "INTANGIBLE ASSET": core deposit intangibles ♦ purchased credit card relationships, purchased mortgage servicing rights. (references) |
| The following statistics estimate the number of searches per day across the major English-language search engines as identified by various trade publications. Hyperlinks lead to commercial use of the expression at Amazon.com. |
| Expression | Frequency per Day |
intangible asset | 323 |
valuation of intangible asset | 8 |
accounting for intangible asset | 3 |
| Source: compiled by the editor from various references; see credits. | |
| Language | Translations for "INTANGIBLE ASSET"; alternative meanings/domain in parentheses. | ||||||||||
Danish | rettighed. (various references) | ||||||||||
Dutch | immaterieel actief, onlichamelijke zaak. (various references) | ||||||||||
French | bien immatériel, actif incorporel (intangible assets, intangibles). (various references) | ||||||||||
German | immaterieller Wert (nothings), immaterielle Anlage. (various references) | ||||||||||
Greek | άυλο αγαθά. (various references) | ||||||||||
Italian | investimento immateriale (immaterial investment, intangible investment), bene immateriale. (various references) | ||||||||||
Japanese Kanji | 無形財" , 無"資" . (various references) | ||||||||||
Japanese Katakana | むたいしさ", むけいざいさ". (various references) | ||||||||||
Pig Latin | intangibleay assetay activo inmaterial. (various references) | ||||||||||
Scrabble® Enable2K-Verified Anagrams | |
| Words within the letters "a-a-b-e-e-g-i-i-l-n-n-s-s-t-t" | |
-3 letters: langbeinites, tangibleness. | |
-4 letters: inessential, intangibles, langbeinite, tantalising. | |
-5 letters: abstaining, alienating, anagenesis, anglesites, antielites, assignable, banalities, bassetting, beastliest, bengalines, eglantines, galantines, ingestible, insatiable, insensible, instigates, intangible, intestinal, intestines, lentigines, nasalising, nasalities, natalities, saintliest, sanitating, sentential, tangential, tantalises, tenantable, tenantless, tetanising. | |
| Source: compiled by the editor from various references; see credits. SCRABBLE® is a registered trademark. All intellectual property rights in and to the game are owned in the U.S.A and Canada by Hasbro Inc., and throughout the rest of the world by J.W. Spear & Sons Limited of Maidenhead, Berkshire, England, a subsidiary of Mattel Inc. Mattel and Spear are not affiliated with Hasbro. | |
| 1. Crosswords 2. Expressions: Internet 3. Translations: Modern 4. Anagrams | 5. Bibliography |
Copyright © Philip M. Parker, INSEAD. Terms of Use.
