TANGIBLE Definition

Bookmark and Share

TANGIBLE normally refers to assets that can be held or seen and that are capable of being appraised at an actual or approximate value (e.g. inventory, land & buildings, etc.).

Learn new Accounting Terms

NET PRESENT VALUE (NPV) is a method used in evaluating investments, whereby the net present value of all cash outflows (such as the cost of the investment) and cash inflows (returns) is calculated using a given discount rate, usually REQUIRED RATE OF RETURN. An investment is acceptable if the NPV is positive. In capital budgeting, the discount rate used is called the HURDLE RATE and is usually equal to the INCREMENTAL COST OF CAPITAL.

SUPPLANT is to take the place of or move into the position of, e.g. the computer supplanted the slide rule.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.