intangible asset

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ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.intangible asset - assets that are saleable though not material or physical
assets - anything of material value or usefulness that is owned by a person or company
goodwill, good will - (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)
References in periodicals archive ?
An intangible asset that has an economic value must offer measurable benefits in form of extra income and benefit either they are determine the customers to have a positive perception of the segment that they act, so a useful intangible asset can determinate in a good way the financial position of a company.
ASC 805-20-25-10 offers specific guidance on identifying intangible assets: to be identified separately on the balance sheet, an intangible asset acquired in a business combination must first meet the general definition of an asset.
He includes a general introduction to intangible assets before delving into their management, due diligence in asset transactions, company management and culture, reputation risks and risk management, distinguishing intellectual property from intangible assets, and intangible asset training.
As defined by the International Accounting Standards (IAS), "An intangible asset is an identifiable non-monetary asset without physical substance.
You can increase the balance sheet of your business by improving not just your tangible, but also your intangible asset base.
For many organizations, intangible asset value runs about 70 to 80 percent of the total.
In addition, each IP and intangible asset financing deal seems to be a unique, one-off event employing differing models to determine the assets' value, thereby driving up transaction costs.
A new approach for intangible asset valuation based on the residual operating income (REOI) model as a variant of fundamental value of equity model was developed by the author in (Volkov, Garanina, 2007).
Although each type of intangible asset is different, a handful of factors help determine a credible estimate of value.
For example, a company's "good reputation" is goodwill and "corporate brand value" is an intangible asset that we can measure and value.
Aside from the property/casualty sector, the industry saw a deterioration in the reputation of its intangible asset management.
Indeed, where an intangible asset has a recognisable description, is capable of being owned, is transferable, is subject to legal existence and protection--and where there is tangible evidence of its existence--it can be valued separately from the business as a whole.