tangible goods
Things you touch
Tangible goods are physical products you can touch and handle—merchandise, equipment, raw materials.
The term distinguishes material items from services or digital products: The contract covers tangible goods but not software licenses.
In legal and commercial contexts, tangible goods can be inspected, stored, shipped, and physically possessed, unlike intangible assets such as patents or goodwill.
- consumer electronicsDevices for everyday use
- electronicsStudy of circuits
- machineryCollective mechanical equipment
- vehiclesMachines for transportation
- smartphonesHandheld touchscreen computers
beverages · wood · clothing · furniture · shoes · steel · toys · refrigerators · tools · batteries · cotton · books · office supplies · raw materials · chemicals · washing machines · household items · crude oil
- donationsmoney, blood, charitable gift, clothes, gift
- personal propertychattels, personalty, movables, belongings, possessions
- merchandisemerchandise, merch, products, items, wares
- propertyproperty, land, ownership, house, home
- classification termstypes, binary, hierarchical, kinds, groups
- inventory taxtax basis, personal property tax, FIFO, LIFO, cost basis
tangible goodsintangible assets
Nonmaterial items of value
services · intangibles · professional services · digital goods · software
tangible goodsservices
Acts performed for others
professional services · labor · service economy · performances · consulting
tangible goodsintangible assets
Nonmaterial items of value
intellectual property · licenses · software licenses · patents · copyrights
tangible, tangibly, tangibility, intangible, intangibly, intangibility, tangent, tangential, tangentially