intangible assets

Definition of "intangible assets"
  1. Nonphysical valuables like stocks, bonds, and bank accounts that are considered in estate planning
How to use "intangible assets" in a sentence
  1. Mr. Smith invested heavily in intangible assets, mainly stocks and bonds.
  2. The majority of her wealth is tied up in intangible assets like bank accounts and pension benefits.
  3. In their estate planning, they took into account their considerable amount of intangible assets.

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