(sÄt) v. set, setÂ·ting, sets. v.tr. 1. To put in a specified position or arrangement; place: set a book on a table; set the photo next to the flowers. 2. a. To put into a specified state: set the prisoner at liberty; set the house ablaze; set the machine in motion.
Intangible asset. An intangible asset is an asset that lacks physical substance (unlike physical assets such as machinery and buildings) and usually is very hard to evaluate. It includes patents, copyrights, franchises, goodwill, trademarks, trade names, the general interpretation also includes software and other intangible computer based assets.
Definition Essay: Happiness. Happiness. It is not measurable, profitable, nor tradable. Yet, above all else in the world, it is what people seek. They want to have happiness, and want to know they have a lot of it. But happiness, like air or water, is a hard thing to grasp in oneâs hand. It is intangible.