Tangible versus intangible assets

pc_computer_retailsystemTangible assets can be seen and touched, they have a physical presence. Examples of tangible assets are:

  • POS Equipment
  • Land
  • Furniture

Intangible assets are rights and privileges. They cannot be seen or touched but may be represented by a physical document. For example a trademark gives an entity the exclusive right to use a sign, design or expression.

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