Tangible <a href="https://quoteddata.com/glossary/assets-2/">assets</a> are literally assets you can touch - machinery, office equipment, buildings etc. Intangible assets are things that have a value but cannot be touched such as <a title="Goodwill" href="https://quoteddata.com/glossary/goodwill/">goodwill</a>, patents, copyrights, franchises, trademarks and brands.