Tangible assets are physical assets that have a tangible value and can be used in a business or investment. These assets include things like real estate, equipment, and inventory. In this article, we will explore the different types of tangible assets and their role in business and investment.
What Does Tangible Mean?
Tangible is an adjective used to describe something that can be touched or felt physically. Tangibles are items that are able to be identified and measured. This can include things such as furniture, jewelry, money, real estate, and physical items. Tangible items can be seen, felt, and weighed. Intangible items, on the other hand, are not physical, but instead are concepts such as ideas, emotions, and intellectual property.
What Are Tangible Assets?
Tangible assets are physical assets that have monetary value and can be owned or controlled by an individual or a company. These assets include things like real estate, equipment, inventory, and cash. They are often used as collateral for loans, and can be bought and sold on the open market.
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