TANGIBLES Meaning and
Definition
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Tangibles are physical, material objects or assets that can be touched, felt, or seen. They are tangible items that have a physical presence and can be perceived through the senses. These items are usually distinct from intangible assets, which are more conceptual or abstract in nature.
In terms of business and finance, tangibles typically refer to physical assets that a company owns, such as buildings, vehicles, equipment, inventory, or cash. These assets are generally considered to be the business's property and can be used or traded to generate revenue. Tangibles are seen as important indicators of a company's financial health and value, as they can be quantified, valued, and accounted for in financial statements.
Outside of business contexts, tangibles can also encompass personal possessions, objects, or belongings that individuals own or use in their daily lives. Examples of personal tangibles can include furniture, clothing, books, electronics, or any other physical item a person may possess.
The term tangibles is often used in contrast to intangibles, such as intellectual property, brand reputation, patents, or copyrights, which cannot be physically touched, but still hold value or significance. Tangibles are typically viewed as more concrete and easier to assess in terms of their worth or impact.
Top Common Misspellings for TANGIBLES *
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Other Common Misspellings for TANGIBLES
Etymology of TANGIBLES
The word "tangibles" comes from the Latin word "tangibilis", which is derived from the verb "tangere" meaning "to touch". In English, it is formed by adding the suffix "-ible", which means "capable of" or "able to be". The term "tangibles" refers to things that can be touched or perceived by the senses, emphasizing their physical, palpable nature.
Similar spelling words for TANGIBLES
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