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tangible assets

 

Definitions from the Web

Tangible Assets

Definition: Tangible assets refer to physical assets that have a measurable value, such as buildings, machinery, inventory, or cash.

Sample Sentences:

1. The company's balance sheet shows that its tangible assets include various properties, vehicles, and equipment.

2. Investing in tangible assets can provide a sense of security as they can be easily valued and sold if needed.

3. The finance department is responsible for maintaining an accurate record of all tangible assets owned by the organization.

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