physical asset
Definitions
A tangible item of value that has a material existence, such as machinery, buildings, land, or inventory.
Any non-monetary resource owned by an individual or business that can be seen, touched, and measured.
Examples
The company decided to sell its primary physical asset, a large warehouse in the city center, to improve liquidity.
A physical asset like heavy machinery requires regular maintenance to ensure it remains operational and retains its value.
Investors often prefer to hold a tangible physical asset, such as real estate or gold, as a hedge against inflation.
Synonyms
tangible asset fixed asset real property material resource capital good corporeal property equipment
Antonyms
intangible asset intellectual property goodwill brand equity patent copyright trademark