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intangible asset

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

2 more languages

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
See all B2 English words →

See also

intangible cultural heritage Intangibleness Intangibles Intangibly intarsia intarsist

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