tangible assets
Touchable owned things
Tangible assets are physical property with measurable value—buildings, equipment, inventory, land, vehicles.
The term distinguishes these from intangible assets like patents, trademarks, or goodwill, which have value but no physical form.
The company's tangible assets were worth more than its stock price suggested.
In accounting, tangible assets typically depreciate over time as they wear out or become obsolete.
Assets-liabilities-equity report
- depreciationAsset value reduction over time
- capital expendituresSpending on lasting assets
- amortizationGradual debt reduction schedule
- book valueAsset minus accumulated depreciation
net worth · fair market value · impairment · salvage value · useful life · capitalization · write-down · replacement cost
Earth's solid surface
- buildingsConstructed enclosed structures
- commercial propertyBuildings for business use
- residential propertyReal estate for living
- warehousesLarge goods storage buildings
retail space · office buildings · factories · developments · condominiums · apartments · acreage · plots
Collective mechanical equipment
- toolsDevices for doing work
- hardwareMetal goods and fittings
- apparatusEquipment for a task
- vehiclesMachines for transportation
computers · electronics · factory equipment · laboratory instruments · office furniture · manufacturing equipment · heavy machinery · industrial equipment
Unprocessed production inputs
- finished goodsManufactured items ready for sale
- work-in-progressIncomplete but active endeavor
- stockGoods kept for sale
- merchandiseCommercial products offered
supplies · commodities · spare parts · components · packaging materials · feedstock
Ornamental personal accessories
- artworkVisual creative production
- antiquesValuable old items
- collectiblesItems people amass
- gold bullionRefined precious metal bars
silver · diamonds · paintings · sculpture · rare coins · stamps · precious metals · gemstones
Major intercity roads
- bridgesStructures spanning obstacles
- tunnelsUnderground hollow pathways
- railroadsTrain transportation systems
- airportsFacilities for aircraft arrival
dams · ports · pipelines · electric grid · water systems · sewers · public transit · roads
balance sheet
Assets-liabilities-equity report
- depreciationAsset value reduction over time
- capital expendituresSpending on lasting assets
- amortizationGradual debt reduction schedule
book value · net worth · fair market value · impairment · salvage value · useful life · capitalization · write-down · replacement cost · cost basis
land
Earth's solid surface
- buildingsConstructed enclosed structures
- commercial propertyBuildings for business use
- residential propertyReal estate for living
warehouses · retail space · office buildings · factories · developments · condominiums · apartments · acreage · plots · estates
machinery
Collective mechanical equipment
vehicles · computers · electronics · factory equipment · laboratory instruments · office furniture · manufacturing equipment · heavy machinery · industrial equipment · tractors
raw materials
Unprocessed production inputs
- finished goodsManufactured items ready for sale
- work-in-progressIncomplete but active endeavor
- stockGoods kept for sale
merchandise · supplies · commodities · spare parts · components · packaging materials · feedstock
jewelry
Ornamental personal accessories
- artworkVisual creative production
- antiquesValuable old items
- collectiblesItems people amass
gold bullion · silver · diamonds · paintings · sculpture · rare coins · stamps · precious metals · gemstones · historical artifacts
highways
Major intercity roads
- bridgesStructures spanning obstacles
- tunnelsUnderground hollow pathways
- railroadsTrain transportation systems
airports · dams · ports · pipelines · electric grid · water systems · sewers · public transit · roads · aqueducts
- assetsproperty, cash, money, investments, bank accounts
- propertyproperty, land, ownership, house, home
- accountingbookkeeping, ledger, balance sheet, general ledger, accounts payable
- accounting termscash, expenses, equity, retained earnings, accounts payable
- investingstocks, stock, bonds, investing, investor
- personal propertychattels, personalty, movables, belongings, possessions
tangible assetsintangible assets
Nonmaterial items of value
intangibles · intellectual property · goodwill · patents · trademarks
assets, tangible, tactile, intangible, tangibly, intangibles, tangibility, tactility, intangibility