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Glossary Term: TANGIBLE ASSET

Definition(s) for TANGIBLE ASSET:


1. ) Also called real assets, it pertains to an asset in which 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. This is calculated as total assets minus intangible assets, which include patents and copyrights, and total liabilities. Opposite of intangible assets.



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