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tangible asset


Definition
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.

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Investing in Businesses Heavy on Goodwill But Short on Tangible AssetsMy own thinking has changed drastically from 35 years ago when I was taught to favor tangible assets and to shun businesses whose value depended largely upon economic goodwill. This bias caused me to ... Read more


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