Learn English as a Second Language

04/25/2026

02/27/2026

Intangible = something you cannot touch (like reputation, brand name, goodwill, ideas, emotions).

02/27/2026

Tangible = real and physical
A car, building, or computer are tangible assets because you can touch them.

Cash is tangible.

Equipment and furniture are tangible.

Tangible in Accounting
In accounting, tangible assets are physical assets that a company owns and uses in its business.
Can be seen and touched

Have a measurable value

Usually last more than one year

Often lose value over time (depreciation)
Examples of Tangible Assets:

Land

Buildings

Machinery

Vehicles

Equipment

Furniture
If a company buys a machine for $10,000, that machine is a tangible asset. Over time, the company records depreciation because the machine wears out.
Important:

Tangible assets appear on the balance sheet under:

Property, Plant, and Equipment (PP&E)
Opposite in Accounting:

Intangible assets (cannot be touched), such as:

Brand name

Patent

Trademark

Goodwill

02/27/2026

Tangible assets = ထိတွေ့နိုင်သော ပစ္စည်းပိုင်ဆိုင်မှုများ
Tangible means something that can be touched, seen, or physically felt. It refers to things that have a physical form.