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.
Intangible Assets. Most of the time, personal finance deals with tangible assets. However, there are also intangible assets, something I often touch on. Things like friendships, reputation, time, personal relationships, skills, talents, and other such attributes are intangible, but they clearly have value. You canât put a precise dollar sign on any of these things, but theyâre clearly assets.