Intangible Assets definition: Copy, customize, and use instantly
Introduction
The term "Intangible Assets" refers to non-physical assets that provide long-term value to a company, such as patents, trademarks, copyrights, and goodwill. These assets are essential for establishing a company’s competitive advantage and maintaining its market position.
Below are various examples of how "Intangible Assets" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Intangible Assets" as intellectual property
This definition ties "Intangible Assets" to intellectual property rights.
"Intangible Assets" means assets that represent ownership of intellectual property, such as patents, copyrights, trademarks, and trade secrets, which provide long-term competitive value.
Definition of "Intangible Assets" as non-physical business resources
This definition connects "Intangible Assets" to non-physical business resources.
"Intangible Assets" refers to non-physical business resources, including goodwill, brand recognition, and proprietary software, that contribute to a company’s ability to generate future earnings.
Definition of "Intangible Assets" as rights and privileges
This definition links "Intangible Assets" to business rights and privileges.
"Intangible Assets" refers to business rights, privileges, and intellectual properties like trademarks, patents, and licenses that are not physically tangible but are valuable to a company’s operations.
Definition of "Intangible Assets" as goodwill
This definition ties "Intangible Assets" specifically to goodwill.
"Intangible Assets" means goodwill, the value derived from a company’s reputation, brand loyalty, and customer relationships, which can be sold or transferred as part of a business transaction.
Definition of "Intangible Assets" as brand recognition
This definition connects "Intangible Assets" to brand recognition.
"Intangible Assets" refers to brand recognition, trademarks, and other marketing-related elements that contribute to a company’s ability to differentiate itself from competitors in the marketplace.
Definition of "Intangible Assets" as proprietary technology
This definition links "Intangible Assets" to proprietary technology.
"Intangible Assets" means proprietary technology, such as software, algorithms, and inventions, that provide competitive advantage and are protected by intellectual property laws.
Definition of "Intangible Assets" as non-physical assets related to business value
This definition connects "Intangible Assets" to overall business value.
"Intangible Assets" refers to non-physical assets, such as patents, trademarks, licenses, and proprietary data, that contribute to the overall value of a business.
Definition of "Intangible Assets" as non-monetary assets with future economic benefits
This definition ties "Intangible Assets" to their economic value.
"Intangible Assets" means non-monetary assets like patents, trademarks, and proprietary systems that generate future economic benefits for the company.
Definition of "Intangible Assets" as rights to exclusive use of intellectual property
This definition links "Intangible Assets" to exclusive use rights.
"Intangible Assets" refers to the rights to exclusively use intellectual property such as patents, trademarks, and copyrights, which provide long-term economic value.
Definition of "Intangible Assets" as customer relationships
This definition ties "Intangible Assets" to customer relationships.
"Intangible Assets" means customer relationships, customer lists, and databases that contribute to a company's ongoing revenue generation and market position.
Definition of "Intangible Assets" as trade secrets
This definition connects "Intangible Assets" to trade secrets.
"Intangible Assets" refers to trade secrets, confidential business information, and proprietary methods that have economic value and provide a competitive edge.
Definition of "Intangible Assets" as licenses and permits
This definition ties "Intangible Assets" to licenses and permits.
"Intangible Assets" means licenses, permits, and other regulatory approvals that provide legal rights for a business to operate and grow in its specific industry.
Definition of "Intangible Assets" as rights to proprietary content
This definition connects "Intangible Assets" to content ownership.
"Intangible Assets" refers to rights to proprietary content, such as copyrighted material, trademarks, and licensing agreements, which provide value to the business and support brand identity.
Definition of "Intangible Assets" as software and digital assets
This definition links "Intangible Assets" to software and digital assets.
"Intangible Assets" means software, digital platforms, and intellectual property rights in technology that contribute to a company’s operations and future earnings potential.
Definition of "Intangible Assets" as market presence and reputation
This definition ties "Intangible Assets" to market presence.
"Intangible Assets" refers to market presence and reputation, including brand equity, customer loyalty, and public perception, which provide long-term business value.
Definition of "Intangible Assets" as value from business relationships
This definition connects "Intangible Assets" to business relationships.
"Intangible Assets" refers to the value derived from strategic business relationships, including partnerships, supplier agreements, and distribution rights, that contribute to a company’s success.
Definition of "Intangible Assets" as intellectual property licenses
This definition links "Intangible Assets" to intellectual property licensing.
"Intangible Assets" means intellectual property licenses, which grant the rights to use specific patents, trademarks, or copyrighted materials in exchange for royalties or other payments.
Definition of "Intangible Assets" as contractual rights and agreements
This definition connects "Intangible Assets" to contractual rights.
"Intangible Assets" refers to contractual rights, agreements, and covenants that provide financial benefits or operational advantages, without being physical in nature.
Definition of "Intangible Assets" as online platforms and digital trademarks
This definition ties "Intangible Assets" to online platforms.
"Intangible Assets" means online platforms, digital trademarks, and other digital assets that represent ownership of valuable online properties and help a company maintain its digital presence.
Definition of "Intangible Assets" as intellectual capital
This definition ties "Intangible Assets" to intellectual capital.
"Intangible Assets" refers to intellectual capital, including proprietary knowledge, expertise, and business insights, which contribute to a company's competitive advantage.
Definition of "Intangible Assets" as digital content rights
This definition connects "Intangible Assets" to digital content.
"Intangible Assets" means the rights to digital content, such as images, videos, and other online media, that generate revenue for a business through licensing or usage agreements.
Definition of "Intangible Assets" as non-physical business value
This definition links "Intangible Assets" to the overall non-physical value.
"Intangible Assets" refers to the non-physical value of a business, which includes things like goodwill, patents, and customer relationships that are essential for long-term profitability.
Definition of "Intangible Assets" as proprietary rights
This definition ties "Intangible Assets" to proprietary rights.
"Intangible Assets" refers to proprietary rights, including intellectual property and exclusive business agreements, that provide significant value to the business.
Definition of "Intangible Assets" as business goodwill
This definition connects "Intangible Assets" specifically to goodwill.
"Intangible Assets" means goodwill, representing the reputation and customer loyalty of a business that are not physically tangible but have significant economic value.
Definition of "Intangible Assets" as financial contracts
This definition links "Intangible Assets" to financial contracts.
"Intangible Assets" refers to financial contracts, such as leases, agreements, or rights to cash flows, which generate future income for a business.
Definition of "Intangible Assets" as customer loyalty programs
This definition ties "Intangible Assets" to customer loyalty programs.
"Intangible Assets" means customer loyalty programs, memberships, or rewards systems that provide long-term value to a business by fostering customer retention and increasing revenue.
Definition of "Intangible Assets" as proprietary databases
This definition connects "Intangible Assets" to proprietary databases.
"Intangible Assets" refers to proprietary databases, including customer lists, market research, or other compiled data sets, that are valuable for business decision-making.
Definition of "Intangible Assets" as non-physical business assets
This definition links "Intangible Assets" to all non-physical assets.
"Intangible Assets" means non-physical business assets, such as intellectual property, brand value, and operational processes, that support the company's market position.
Definition of "Intangible Assets" as future revenue-generating assets
This definition ties "Intangible Assets" to revenue generation.
"Intangible Assets" refers to assets that generate future revenue, such as intellectual property, trademarks, and customer contracts, which provide significant long-term business value.
Definition of "Intangible Assets" as brand equity
This definition connects "Intangible Assets" to brand equity.
"Intangible Assets" means brand equity, representing the value a company’s brand adds to its products and services, which provides a competitive edge in the marketplace.
Definition of "Intangible Assets" as intellectual property portfolio
This definition links "Intangible Assets" to intellectual property portfolios.
"Intangible Assets" refers to a portfolio of intellectual property, including patents, trademarks, and copyrights, that help protect a company's competitive advantage.
Definition of "Intangible Assets" as proprietary software solutions
This definition ties "Intangible Assets" to proprietary software.
"Intangible Assets" means proprietary software solutions, including computer programs, algorithms, and technological tools, that a business owns and uses to enhance its operations.
Definition of "Intangible Assets" as rights to creative works
This definition connects "Intangible Assets" to creative works.
"Intangible Assets" refers to the rights to creative works, including artistic works, literature, and music, that are protected by copyright and generate future earnings.
Definition of "Intangible Assets" as rights to exclusive marketing strategies
This definition links "Intangible Assets" to marketing strategies.
"Intangible Assets" means rights to exclusive marketing strategies, promotional methods, and branding techniques that provide value to the business by attracting customers.
Definition of "Intangible Assets" as a reputation and market presence
This definition ties "Intangible Assets" to a company’s reputation.
"Intangible Assets" refers to a company’s reputation, market presence, and public perception, which can drive customer trust and loyalty over time.
Definition of "Intangible Assets" as franchise agreements
This definition connects "Intangible Assets" to franchise agreements.
"Intangible Assets" means franchise agreements, including rights to operate a business under a brand’s name, which provide economic value through royalties and brand recognition.
Definition of "Intangible Assets" as exclusive distribution rights
This definition links "Intangible Assets" to distribution rights.
"Intangible Assets" refers to exclusive distribution rights, allowing a business to sell a product or service in a specific region or market, providing financial value.
Definition of "Intangible Assets" as business licenses
This definition ties "Intangible Assets" to business licenses.
"Intangible Assets" means business licenses, which grant legal authority to operate in specific markets or industries, contributing to a business’s ongoing ability to generate income.
Definition of "Intangible Assets" as patent portfolios
This definition connects "Intangible Assets" to patent portfolios.
"Intangible Assets" refers to a collection of patents and patent applications that provide a competitive advantage by protecting unique inventions and technologies.
Definition of "Intangible Assets" as intellectual property rights
This definition ties "Intangible Assets" to intellectual property rights.
"Intangible Assets" refers to intellectual property rights, such as patents, trademarks, and copyrights, that protect unique innovations and provide legal ownership and control over creations.
Definition of "Intangible Assets" as proprietary business methods
This definition connects "Intangible Assets" to proprietary methods.
"Intangible Assets" means proprietary business methods, including trade secrets and processes, that give a business a competitive edge and contribute to operational efficiency.
Definition of "Intangible Assets" as contracts and agreements
This definition links "Intangible Assets" to contractual agreements.
"Intangible Assets" refers to valuable contracts and agreements, such as supply contracts, licensing deals, or customer service agreements, that generate future revenue or business advantages.
Definition of "Intangible Assets" as customer lists
This definition ties "Intangible Assets" to customer lists.
"Intangible Assets" means customer lists, including information on clients, contacts, and relationships, which are valuable for marketing and business growth.
Definition of "Intangible Assets" as marketable goodwill
This definition connects "Intangible Assets" to goodwill.
"Intangible Assets" refers to marketable goodwill, representing the reputation and relationships built by a business over time, which provide ongoing market value and customer trust.
Definition of "Intangible Assets" as research and development
This definition links "Intangible Assets" to research and development.
"Intangible Assets" means the value derived from research and development efforts, including innovations, technological advancements, and new product ideas that drive future business success.
Definition of "Intangible Assets" as strategic partnerships
This definition ties "Intangible Assets" to strategic partnerships.
"Intangible Assets" refers to the value of strategic partnerships, joint ventures, and alliances that provide access to new markets, technologies, and expertise.
Definition of "Intangible Assets" as online reputation
This definition connects "Intangible Assets" to online presence.
"Intangible Assets" means online reputation, including social media following, digital branding, and online reviews, which help attract customers and build brand credibility.
Definition of "Intangible Assets" as domain names
This definition links "Intangible Assets" to domain names.
"Intangible Assets" refers to valuable domain names that represent a business's online identity and brand, contributing to its digital presence and marketing efforts.
Definition of "Intangible Assets" as trademarks and branding elements
This definition ties "Intangible Assets" to trademarks.
"Intangible Assets" means trademarks, branding elements, logos, and other distinctive identifiers that protect and represent a business’s identity and differentiate it from competitors.
Definition of "Intangible Assets" as proprietary market research
This definition connects "Intangible Assets" to market research.
"Intangible Assets" refers to proprietary market research, including customer insights, trend analysis, and competitor data, that provides strategic value for decision-making and business growth.
Definition of "Intangible Assets" as franchise rights
This definition links "Intangible Assets" to franchise rights.
"Intangible Assets" means franchise rights, including the legal right to operate a business under an established brand and business model, which provides revenue and market expansion opportunities.
Definition of "Intangible Assets" as digital copyrights
This definition ties "Intangible Assets" to digital assets.
"Intangible Assets" refers to digital copyrights, protecting creative works such as software, digital art, and content, ensuring exclusive rights to their use and commercialization.
Definition of "Intangible Assets" as licensing agreements
This definition connects "Intangible Assets" to licensing agreements.
"Intangible Assets" means licensing agreements, granting permission for others to use intellectual property, technology, or brand assets in exchange for fees or royalties.
Definition of "Intangible Assets" as software licenses
This definition links "Intangible Assets" to software.
"Intangible Assets" refers to software licenses, granting legal permission to use specific software or technology, which adds operational value and supports business activities.
Definition of "Intangible Assets" as proprietary algorithms
This definition ties "Intangible Assets" to algorithms.
"Intangible Assets" means proprietary algorithms, including the unique mathematical formulas and models used in business operations, technology, and analytics, which add value and competitive advantage.
Definition of "Intangible Assets" as employee expertise
This definition connects "Intangible Assets" to employee expertise.
"Intangible Assets" refers to the expertise, skills, and knowledge possessed by employees, which contribute to a company's success and intellectual capital.
Definition of "Intangible Assets" as exclusive market access
This definition links "Intangible Assets" to market access.
"Intangible Assets" means exclusive market access, including the rights to sell or distribute products in specific regions or markets, which enhances competitive advantage and profitability.
Definition of "Intangible Assets" as organizational culture
This definition ties "Intangible Assets" to culture.
"Intangible Assets" refers to the organizational culture and values that shape employee behavior, decision-making, and overall business success, creating long-term value for the company.
Definition of "Intangible Assets" as intellectual property portfolios
This definition connects "Intangible Assets" to intellectual property.
"Intangible Assets" means intellectual property portfolios, which include a collection of patents, copyrights, trademarks, and trade secrets that provide economic value and legal protection for a business.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.