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Meaning of tangible assets

 

 

 

Tangible assets

 

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Business glossary

 

Meaning of term tangible assets :

 

Tangible assets are physical assets held by the firm. They would include assets like buildings, machinery, cars and trucks. Tangible assets will tend to depreciate in value as they are used and so will have depreciation charged against their balance sheet value.

 

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Meaning of term tangible assets

 

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