Intangibles

Encyclopedia : I : IN : INT : Intangibles

Intangibles are qualities in an individual or group of individuals, especially those organized in an official group (e.g. a sports team or office) which affect performance but are not directly measurable. They are often cited as a reason for performance which is surprisingly better or worse than expected. For example, no particular player on a sports team might be seen as a standout player, but as a group they might be able to defeat teams who are seen as superior in skill. Intangibles are often broken down into categories of abstract nouns including ability to work as a team, dedication and effort, and so on.

In the business world, intangibles are commonly referred to as intangible assets or intellectual capital.
Intangibles that are legally created are referred to as intellectual property.

See capital asset for intangibles issues that arise in accounting, including a more detailed sports example.

See capital (economics) for issues that arise in economics, including a more detailed breakdown of types of assets.

This is a [disambiguationdisambiguation] page: a list of articles associated with the same title. If an referred you to this page, you may wish to change the link to point directly to the intended article.

From Wikipedia, the Free Encyclopedia. Original article here. Support Wikipedia by contributing or donating.
All text is available under the terms of the GNU Free Documentation License See Wikipedia Copyrights for details.