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A physical asset such as a high-definition, flat-screen TV or a Harley Davidson motorcycle is called a tangible asset.
A tangible asset is an asset that has a physical substance. Examples include inventory, buildings, vehicles, production equipment or machinery, office furniture, and so on. There are two types of fixed assets: inventory and fixed assets.
You can literally touch something concrete. Like a broken window, the stone is palpable. If the stone is next to the window, this may be concrete evidence of vandalism. When we say that the tension in the room is felt, it means that we feel it very strongly and look almost physical.
The main difference between tangible and intangible is that tangible is something that a person can see, feel, and touch, and thus has a physical existence, whereas intangible is something that a person can see, feel, and feel. It has no physical existence because it cannot be touched. ..
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