Tangible assets

Tangible can be defined as things that can be perceived by the senses, and especially anything that can be physically touched. It may mean touchable, actual, or real. This definition is worth understanding when attempting to define tangible assets.

Tangible assets are those holdings of an individual or business that are real and actual, instead of being hypothetical. They are contrasted to things an individual or business may hold that are not tangible. Examples of intangible assets include things like copyrighted ideas, patents, or intellectual property. Though these things possibly have a chance of being financially beneficial at a future point, they are not currently something that can be sold for great profit in most cases.

On the other hand, most tangible assets can be readily converted to cash, or are already cash. The amount of money in your bank account is tangible, as is the property you own, like cars, houses or boats. These tangibles, especially if you want to secure a loan, are usually the types of collateral you provide for the loan. Most banks won’t offer loans to people without tangible assets, even if they have intangible assets that have the potential to make money in the future.Commodity tips, is a leading tips provider in India Stock Market & Commodity Market from GHAZIABAD. It don’t mind whether market is bullish or bearish as  know how to get profit from both of these way.  Commodity Tips, being run by highly experienced Technical Analyst & Experts, who committed for your financial growth. It intend to guide you make money either as a short-term trader or as a long-term investor or both.

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Assets having a physical existence, such as cash, equipment, and real estate; accounts receivable are also usually considered tangible assets for accounting purposes. opposite of intangible asset.