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.
Assets can be things that either support the primary operations of a company, such as buildings, or that generate revenue for the company, such as machines or inventory. Examples of fixed assets include buildings, land, furniture and fixtures, vehicles and personal computers. Fixed assets are described as tangible because they generally have some form of physical substance, unlike intangible assets such as goodwill, copyrights and trademarks.