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LSDefine

Simple English definitions for legal terms

tangible asset

Read a random definition: unenacted law

A quick definition of tangible asset:

A tangible asset is something you own that has value and you can touch or see, like money, equipment, or property. It's listed on a balance sheet along with other things you own. There are also other types of assets, like ones you can't touch, such as patents or trademarks.

A more thorough explanation:

Definition: A tangible asset is an item that is owned and has value. It can be physically touched or seen, such as cash, inventory, equipment, real estate, accounts receivable, and goodwill. Tangible assets are listed on a balance sheet and can be used to pay debts or distributed in case of bankruptcy or death.

Examples:

  • A company's equipment, such as computers, machinery, and vehicles, are tangible assets.
  • Real estate, such as land and buildings, are also tangible assets.
  • Cash and accounts receivable are tangible assets that can be easily converted into cash.

The examples illustrate that tangible assets are physical items that have value and can be used to generate income or pay debts. They are important for businesses and individuals to manage and maintain to ensure financial stability.

tangible | tangible chattel paper

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Dkk
19:42
SEO is big money
2016 pushed the conservative party into populism irreversibly
Dkk
19:43
Maybe, but if this is populism, then every election is populist.
19:43
@Dkk: yeah register 1 website and every swinging tom dick and harry calls/emails/texts to 'help with seo'. like bruh, if YOU found it, what i am doing is working
Dkk
19:43
Indeed!
19:48
wasp, i think people are hopeful for a gov who at least attempts to care about the common man
MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
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