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.
Annelida. . Members of this phylum may be most familiar: the common earthworm, leech and nightcrawler belong to this group. There are three general types of segmented worms. One group is entirely marine (the polychaetes), while the other two groups are either terrestrial or live in freshwater. Members of this phylum may be most familiar: the common earthworm, leech and nightcrawler belong to this group. There are three general types of segmented worms. One group is entirely marine (the polychaetes), while the other two groups are either terrestrial or live in freshwater.