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Meaning of intangible asset | Babel Free

Noun CEFR B2

Definitions

Any valuable property of a business that is not a physical by nature, including intellectual property, customer lists, and goodwill. Intangible assets may or may not be shown on the balance sheet.

Equivalents

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

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