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.
No, the (earth) worm is not considered to be an insect. It is rather an annelid: a group of animals consisting of some types of worms, leeches, and a few other (but not all) bilaterally symmetrical organisms. In terms of diet, (earth) worms are detritivores, in which they eat decaying or dead organic matter such as dead leaves or decomposing fruit.