Intangible assets
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7 Terms
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Intangible asset
Non-physical fixed assets that can earn revenue for a business.
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Types of intangible assets (5)
brands
patents
copyright
goodwill
registered trademark
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Brands
legally registered names used in trading activites
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Patents
legal protection for product designs created by investors
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Copyright
legal protection for IP (songs, films, novels)
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Goodwill
the established reputation of businesses
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registered trademark
a name/symbol that is legally protected and established with intellectual property rights
Note 
Flashcards (51)