释义 |
intangible property
intangible propertyn. items such as stock in a company which represent value but are not actual, tangible objects. intangible property
intangible propertySomething that is nonphysical, noncurrent, and exists only in connection with something else. Business goodwill is intangible property—it does not exist by itself; it cannot be seen,touched,smelled,or heard; and it cannot be sold separately from something else,because even the goodwill built up in a particular business name cannot be sold separately from the name. Intangible property is usually exempt from property taxes. |