tangible asset
Frequency: 7.310.3 per million words
a physical property or item of value owned by a person or company
Categories:
Examples (10)
- A house is considered a significant tangible asset for many families.
- The company's fleet of vehicles represents a substantial tangible asset.
- Investors often prefer tangible assets like real estate during economic uncertainty.
- Unlike intellectual property, machinery and equipment are classified as tangible assets.
- She diversified her portfolio by investing in both financial instruments and tangible assets.
- The auditors meticulously cataloged every tangible asset on the balance sheet.
- For small businesses, inventory is often their most liquid tangible asset.
- His collection of vintage cars is a valuable tangible asset that appreciates over time.
- The bank required a tangible asset as collateral before approving the large loan.
- Even though it's old, this antique furniture is still a considerable tangible asset.