The defensive military alliance formed in 1949 by ten european countries. WARSAW PACT A military alliance formed in 1955 by the Soviet Union Netherlands.
What is a 'Tangible Asset'. A tangible asset is an asset that has a physical form. Tangible assets include both fixed assets, such as machinery, buildings and land, and current assets, such as inventory. The opposite of a tangible asset is an intangible asset. Nonphysical assets, such as patents, trademarks, copyrights, goodwill and brand recognition, are all examples of intangible assets.
Net tangible assets represents the amount of physical assets minus the liabilities present in a business. The calculation takes the difference between the fair market value of tangible assets (cash, accounts receivable, inventory, capital assets, etc) less the fair market value of all liabilities (accounts payable, debt, etc). Net tangible assets exclude intangibles such as goodwill. Divestopedia explains Net Tangible Assets.