Tangible Asset
An asset that has a physical form such as machinery, buildings and land. Investopedia Says:
This is the opposite of an intangible asset such as a patent or trademark. Whether an asset is tangible or intangible isn't inherently good or bad. For example, a well-known brand name can be very valuable to a company. On the other hand, if you produce a product solely for a trademark, at some point you need to have "real" physical assets to produce it. Related Terms:
Asset
Calculated Intangible Value - CIV
Fixed Asset
Going-Concern Value
Hard Asset
Identifiable Asset
Intangible Asset
Net Tangible Assets
Physical Asset
Price to Tangible Book Value - PTBV |