Tangible Net Worth

Tangible vs. intangible. Tangible is like...your couch. Intangible is like...the ghost who lives in your attic. Tangible is your dog. Intangible is the four-headed snake monster that chased you around the room that time you ate too many cream-stuffed donuts and went into a sugar coma.

In short, tangible stuff represents things you can touch. It's right there: physical, corporeal. Intangible stuff exists more as concepts. A company's tangible net worth only takes into account the physical stuff. The cash in the bank. The machines. The land the factory is built on. The number leaves out the intangible stuff. The patents. The copyrights. The ghosts in the attic.