An asset whose value depends on particular physical properties. These i nclude reproducible assets such as buildings or machinery and non-reproducible assets such as land, a mine, or a work of art. Also called real assets. Related: Intangible asset
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tangible asset UK US noun [C] (also hard asset, also tangible) ACCOUNTING, FINANCE
► a physical asset whose value can be easily measured, such as cash, property, goods, or machinery: »
The pension fund invests the savings of its members in tangible assets such as land and buildings.
Financial and business terms. 2012.