If something is an intangible or tangible characteristic of a product, service, or offering, it is considered as a feature of the product.
Tangible assets are generally physical assets or property owned by any company. Tangible assets are the main type of assets which the companies generally use to produce their product and service.
Intangible assets however don't physically exist, yet they do have a monetary value since they also represent potential revenue.
There are different types of assets which could be considered as tangible or intangible and some of which are short-term or long-term assets.
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