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Types of Asset

29 Types of Intangible Assets

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Intangible assets are resources that you own or control that have no physical presence. In order to be considered an asset, intangible assets must be expected to produce future economic value. The following are common examples of an intangible asset.
Brands
Contractual Rights
Corporate Culture
Customer Lists
Data
Designs
Digital Art
Formulations
Franchises
Goodwill
Human Capital
Import Quotas
Know-how
Licenses
Media - e.g. a film
Methods
Patents
Personality Rights
Processes
Relationships
Reputation
Research & Development
Social Media Followers / Relationships
Software
Strategies
Talent
Trade Secrets
Trademarks
Video Games
Financial assets such as cash, cash equivalents, stocks, bonds and accounts receivable are not considered intangible assets.
Intangible assets are difficult or impossible to value.
In order to be considered an asset, an entity must be specifically identifiable. For example, a customer list that generates a billion dollars in sales a month as opposed to a vague notion such as customer relationships.
Intangible assets are examples of intangible things.
The types above are conceptual. As intangible assets are difficult to measure, they aren't normally recognized in accounting. However, they have value when it comes to selling a business. As such, they represent a shortfall of accounting whereby much of the value of modern firms can't be directly measured.
Overview: Intangible Assets
Type
Definition
Resources that you own or control that have no physical presence.
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