Words / I / Business

intangible

adjective/ɪnˈtændʒəbl/

B1CEFR level
25/100Rarity: fairly common
TechnicalRegister

Describing an asset that lacks physical substance, such as a patent, brand, or licence.

A growing share of the company's value lies in intangible assets that never appear on the balance sheet.

Topic: Accounting in Business English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More business words: Accounting