Tangible assets are one of two types of assets a business may own. These assets contribute significantly to the value a company has at any given point. Therefore, companies take great care to track ...

Tangible assets are physical resources owned by a business or individual that hold monetary value and can be touched or felt. These assets include items such as real estate, equipment, inventory, and ...

Asset maintenance is a component of asset monitoring designed to increase the lifespan of a company’s machinery, devices, and equipment. The process is important for any business serious about keeping ...

Rohit Prakash is cofounder and CEO of Coast, a leading CMMS/EAM software designed to help businesses manage maintenance their way. Enterprise companies across the U.S. have an asset inventory ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Andy Smith is a Certified Financial Planner ...

In the knowledge-based economy the wealth-creating capacity of organizations is no longer based on tangible assets such as buildings, equipment, and vehicles alone. Intangible assets are key ...