An asset whose value depends on particular physical properties These include reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art Also called real assets Converse of: Intangible asset
An asset having physical, material substance, such as gold or machinery with an actual value
Assets having a physical existence, such as cash, equipment, and real estate; accounts receivable are also usually considered tangible assets for accounting purposes opposite of intangible asset
An asset that has physical reality such as real estate, plant, equipment, inventory, or precious metals
A tangible asset has a value and physically exists Land, machines, equipment, automobiles, and even currencies, are examples of tangible assets On some financial statements, however, a nonmaterial item may often be listed as a tangible asset, such as, a payment to be made on products or goods already delivered
An asset that physically exists, such as land, buildings, equipment, etc See also intangible asset
An asset whose value depends on particular physical properties These i nclude reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art Also called real assets Related: Intangible asset
Anything of substance; personal and real property (e g , cash, building, equipment, land)