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.