intangible asset

/ɪnˌtændʒəbəl ˌæˈsɛt/

Other forms: intangible assets

Definitions of intangible asset

1. noun

   assets that are saleable though not material or physical
   synonyms: intangible

   types:

   good will, goodwill

   (accounting) an intangible asset valued according to the advantage or reputation a business has acquired (over and above its tangible assets)

   type of:

   assets

   anything of material value or usefulness that is owned by a person or company