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 Property is property that has value but cannot be seen or touched. 1  It includes things such as: 2  Goodwill. 3  Going concern value. 4  Workforce in place. 5  Business books and records, operating systems, or any other information base, including lists or other information concerning current or prospective customers.