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.
A single leech. noun. The definition of a leech is a type of worm found in water or in wet areas with a strong sucker on both ends of its body which it uses to suck blood from its hosts, or a person who attaches themselves to another person like a parasite. An example of a leech is a flat black worm that sticks to you in a swamp.