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Tangible denotes things that are physical, real and measurable. The following are illustrative examples.A tangible asset is physical property such as a building, land, machinery, vehicles, inventory and money. This can be contrasted with intangible assets that have no physical form such as a trademark.
Tangible ResultsResults of an action that can be measured or otherwise confirmed with certainty. For example, a salesperson who can measure their performance in terms of revenue. This can be contrasted with intangible results such as building a relationship with a customer.Tangible GoodsGoods that derive most of their value from something physical such as land or a product such as an chocolate bar. Services aren't considered tangible goods. They may have tangible elements but derive most of their value from intangibles such as customer experience.
Tangible EvidenceEvidence that can be confirmed as fact using reliable sources. For example, confirming that a historical event occurred using accurate and authoritative records. Tangible SkillAn tangible skill, also known as a hard skill, is an ability that is well defined and measurable such as math skills. Skills that are difficult to test such as leadership, creativity and influencing are known as soft skills.
Tangible CostsTangible costs are expenses that are actually paid out so that you can document the exact amount such as an employee's salary. Intangible costs are losses that aren't paid out such as damage to your brand reputation. This may cost you revenue over time but this is impossible to quantify with certainty.|
| Type | | | Definition | Things that are physical, real and measurable. | | Related Concepts | |
Economics
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