Intangible Assets

{{Term|INTANGIGLE ASSETS|Assets that can have a great value to an organization, but which have no physical presence and have been recognized as a good will on balance sheets. Intangible assets are reputation, brand value, monopoly rights, and other non-balance sheet items such as the potential of the organization and the capacity to generate competitive advantage in the future. See Also: Tangible Assets^[1]
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