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.
leech 1 (lÄch) n. Any of various chiefly aquatic bloodsucking or carnivorous annelid worms of the class Hirudinea, one species of which (Hirudo medicinalis) was formerly used by physicians to bleed patients. v. leeched, leechÂ·ing, leechÂ·es To bleed with leeches.