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.
Worm Classification Worms are in a very broad category that is not officially classified in any scientific sense. While most worms are limbless invertebrates, some worms are actually reptiles or amphibians.