The lack of physical substance would therefore seem to be a defining characteristic of an intangible asset. Both the IASB and FASB definitions specifically preclude monetary assets in their definition of an intangible asset.
Leeches. Leech is a common name for over 650 species of largely freshwater, carnivorous worms that comprise the class Hirudinea in the phylum Annelida.
1 any annelid worm of the class Hirudinea, which have a sucker at each end of the body and feed on the blood or tissues of other animals. 2  See also horseleech, medicinal leech.