0 something valuable that a company has that is not material, such as a good reputation
1 something that does not exist in a physical way, but which has value for a business, such as a brand name:
This view of consultation as an intangible asset of the organization means formulating a more difficult research agenda to evaluate it than the more common cost and quality approach.
He is losing an intangible asset which, certainly as regards anyone who is running a regular line, is of the very greatest value.
It is that intangible asset which is going to win this war.
He may have been unaware that his efforts would produce goodwill or an intangible asset.
It may be argued that status is a somewhat intangible asset and that, unless one is a dictator, one cannot live upon prestige.
Equity in a house was previously viewed as an intangible asset that was difficult to realise without selling the house and downsizing; nowadays, it is realised in many different ways.
An example of value derived from an intangible asset, like an idea, is a royalty.
The lack of physical substance would therefore seem to be a defining characteristic of an intangible asset.
