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intangible assets

   Also found in: Dictionary/thesaurus, Financial, Acronyms, Wikipedia 0.01 sec.
See: estate, property


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The new SOP guidelines state that if intangible assets (such as goodwill, client/customer lists, patents, etc) make up more than $500,000 of the purchase price of a business acquisition, then the borrower and/or seller are required to provide an equity injection of at least 25 percent of the purchase price.
Personal intangibles consist of intangible assets owned by an individual shareholder that are held separate from the corporate business.
For each transaction, International Financial Regulatory Authority (IFRS) standards require companies to fair value the tangible and intangible assets acquired.
 
 
 
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