non-physical assets

Definitions

Intangible resources that lack physical substance but possess economic value, such as intellectual property, brand recognition, or goodwill.

Assets that cannot be touched or held, representing legal rights or competitive advantages rather than tangible property.

Examples

The company's valuation increased significantly after they successfully patented their non-physical assets.

Intellectual property and brand recognition are considered vital non-physical assets in the modern digital economy.

Investors often struggle to quantify the true market value of a startup's non-physical assets compared to its tangible equipment.

Synonyms

intangible assets intellectual property incorporeal assets immaterial assets invisible assets

Antonyms

tangible assets physical assets fixed assets material assets corporeal assets