tangible asset


Assets having a physical existence, such as cash, equipment, and real estate; accounts receivable are also usually considered tangible assets for accounting purposes. opposite of intangible asset.

Use tangible asset in a sentence

It was a tangible asset and that meant that it had a physical existence, which is what I actually preferred.

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Luckily, Maria had lots of tangible assets like her priceless antiques and a secret stash of cash that she held under her armoire.

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The overall value of the target company is far greater than the tangible assets reflected on its balance sheet given the high profile of the brand in the marketplace.

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equitization identifiable asset