Definition

Tangible property in law is, literally, anything which can be touched, and includes both real property and personal property, and stands in distinction to intangible property.

What is a 'Tangible Asset'

A tangible asset is an asset that has a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset. Nonphysical assets, such as patents, trademarks, copyrights, goodwill and brand recognition, are all examples of intangible assets.

Explaining 'Tangible Asset'

Certain types of assets receive special treatment for accounting purposes. For tangible assets with an anticipated useful life of more than one year, a company uses a process called depreciation to allocate part of the asset's expense to each year of its useful life, instead of allocating the entire expense to the year in which the asset is purchased.

Further Reading

Revalued financial, tangible, and intangible assets: Associations with share prices and non-market-based value estimates
www.jstor.org [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

Why does financial sector growth crowd out real economic growth?
papers.ssrn.com [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

FiMIAM: financial method of intangible assets measurement
www.emerald.com [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

Financial contractability and asset hardness
papers.ssrn.com [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

R&D sensitivity to asset sale proceeds: New evidence on financing constraints and intangible investment
www.sciencedirect.com [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

Value network analysis and value conversion of tangible and intangible assets
www.emerald.com [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

Virtual currency, tangible return: Portfolio diversification with bitcoin
link.springer.com [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

Strength of the association between R&D volatility and firm growth: The roles of corporate governance and tangible asset volatility
www.sciencedirect.com [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …

Capital structure and the redeployability of tangible assets
www.econstor.eu [PDF]
… proportion of saving held in the form of financial assets relative to tangible assets."7 Pre … Harry T. Oshima, "Consumer Asset Formation and the Future of Capitalism," Economic Journal, LXXI … For example, Oshima estimates that consumer asset formation in the late 1950's was 12 …