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An intangible good is a good that does not have a physical nature, as opposed to a physical good (an object). [1] Digital goods such as downloadable music, mobile apps or virtual goods used in virtual economies are proposed to be examples of intangible goods. [2]
Intangible assets are typically expensed according to their respective life expectancy. [2] [9] Intangible assets have either an identifiable or an indefinite useful life. Intangible assets with identifiable useful lives are amortized on a straight-line basis over their economic or legal life, [12] whichever is shorter. Examples of intangible ...
Digital goods or e-goods are intangible goods that exist in digital form. [1] Examples are Wikipedia articles; digital media, such as e-books, ...
Although common goods are tangible, certain classes of goods, such as information, only take intangible forms. For example, among other goods an apple is a tangible object, while news belongs to an intangible class of goods and can be perceived only by means of an instrument such as printers or television.
The shorter List of Intangible Cultural Heritage in Need of Urgent Safeguarding is composed of those cultural elements that concerned communities and countries consider to require urgent measures to keep them alive. [5] [6] The third list is the Register of Good Safeguarding Practices.
However, some property, despite being physical in nature, is classified in many legal systems as intangible property rather than tangible property because the rights associated with the physical item are of far greater significance than the physical properties. Principally, these are documentary intangibles.
Drugs, weapons and human trafficking. That's probably what comes to mind when thinking about the black market -- but the illegal trade is more varied than you may think, and it also encompasses ...
Intangible property is used in distinction to tangible property. It is useful to note that there are two forms of intangible property: legal intangible property (which is discussed here) and competitive intangible property (which is the source from which legal intangible property is created but cannot be owned, extinguished, or transferred).