tangible assets

noun phrase

Meaning

Physical items of value owned by an individual or business that can be touched, seen, or measured.

Examples

The company's balance sheet showed a significant increase in tangible assets after the purchase of new factory equipment.
Unlike brand reputation or patents, tangible assets are easily appraised because they exist in the physical world.

Synonyms: physical assets, fixed assets, hard assets, capital assets

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tangible assets

noun phrase

Pronunciation: ˈtændʒəbəl ˈæsɛts

Definition

Physical items of value owned by an individual or business that can be touched, seen, or measured.

Examples

The company's balance sheet showed a significant increase in tangible assets after the purchase of new factory equipment.
Unlike brand reputation or patents, tangible assets are easily appraised because they exist in the physical world.
During the liquidation process, the bank focused primarily on selling off the firm's tangible assets to recover the debt.

Synonyms of tangible assets

Words with a similar meaning to tangible assets:

Antonyms of tangible assets

Words with the opposite meaning to tangible assets:

intangible assets

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