Definition for : Intangible fixed asset

An intangible fixed asset is a non-physical fixed asset. Intangible Fixed assets include Goodwill, patents, brands, Market shares, etc. Can also be called intangible Assets.

(See Chapters Chapter 3 Earnings, Chapter 4 Capital employed and invested capital and Chapter 7 How to cope with the most complex points in financial accounts of the Vernimmen)

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