Intangible

Something intangible is an abstract concept or quality that cannot be touched, held, or physically grasped. It exists primarily in the mind or as a feeling and is not material. intangible assets, for example, represent non-physical resources like brand recognition or intellectual property that hold significant value. Understanding intangible aspects is crucial in fields like business, where brand reputation and customer loyalty drive success, and in philosophy, where concepts like love and happiness are explored.

Intangible meaning with examples

• A company's brand reputation is an intangible asset that can significantly impact its market value, making it more attractive to investors despite lacking physical form.
• The feeling of camaraderie within a team is an intangible benefit that fosters collaboration and improves overall performance, although it's not directly measurable.
• The emotional support offered by a friend during a difficult time is an intangible gift that provides comfort and strength, far exceeding the value of material possessions.
• Goodwill, an intangible asset on a company's balance sheet, reflects the premium paid over the fair market value of net tangible assets during an acquisition.