Intangibles
From Wikipedia, the free encyclopedia
Intangibles is a colloquial expression for qualities in an individual or group of individuals, especially those organized in an official group (e.g. a sports team or office) which affect performance but are not readily observable. They are often cited as a reason for performance which is surprisingly better or worse than expected.
- In the business world, intangibles are commonly referred to as intangible assets or intellectual capital.
- Intangibles that are legally created are referred to as intellectual property.
See capital asset for intangibles issues that arise in accounting, including a more detailed sports example.
See capital (economics) for issues that arise in economics, including a more detailed breakdown of types of assets.