Intangible Asset - Law Dictionary Search Results
intangible asset
Matched in: Term intangible asset
Property
assignable, State of Bihar v. Kameshwar Singh, AIR 1952 SC 252. Comprises every form of tangible property, even intangible, including debts and chooses in action such as unpaid accumulation of wages, pension, cash grants, and constitutionally protected … undertaking. The expression 'property' in Entry 42, List III has a wide connotation; and it includes not only assets, but the organisation, liabilities and obligations of a going concern as a unit, Shri Krishna Gyanoday Sugar Ltd.
asset
Matched in: Term asset
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Goodwill
AIR 1981 SC 972: (1981) 2 SCC 460: (1981) 2 SCR 938. Goodwill of a business is an intangible asset: it is the whole advantage of the reputation and connections formed with the customers together with the circumstances
intangible
Matched in: Term intangible
intangible
Matched in: Term intangible
goodwill
goodwill 1 : an intangible asset that is made up of the favor or prestige which a business has acquired beyond the mere value
chattel
Medieval Latin capitale, from neuter of capitalis chief, principal see capital ] : an item of tangible or intangible personal property ;esp : chattel personal in this entry NOTE: In some jurisdictions the term chattel is restricted … the term chattel is restricted to items of tangible and movable personal property. Other jurisdictions also classify intangible assets and property items as chattels. chattel personal pl: chattels personal : an item of tangible movable personal property
amortization
amortization The gradual payment of a debt through a schedule of payments or the writing off of an intangible asset against expenses over the period of its useful life
buy out
out 1 : to purchase the share or interest of 2 : to purchase the entire tangible and intangible assets of (a business) … 1 : to purchase the share or interest of 2 : to purchase the entire tangible and intangible assets of (a business)
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