Intangible: Canada Debt .ca defines Intangible

Bankruptcy Term Intangible

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Canada Debt has the definition to the bankruptcy and debt term Intangible. Finding answers to terms such as Intangible can be difficult, especially if there is more than one definition which is why we have created a page dedicated to financial terms dealing exclusively with debt. Intangible in financial terms means...

In debt and bankruptcy terms, the phrase / term 'Intangible' is used as follows:

Long-term or non-current asset that lacks physical substance, but which confers valuable rights or privileges upon the holders; e.g., patents, goodwill.