Intangibles are qualities in an individual or group of individuals, especially those organized in an official group (e.g. a sports team or office) which affect performance but are not directly measurable. They are often cited as a reason for performance which is surprisingly better or worse than expected. For example, no particular player on a sports team might be seen as a standout player, but as a group they might be able to defeat teams who are seen as superior in skill. Intangibles are often broken down into categories of abstract nouns including ability to work as a team, dedication and effort, and so on. In the business world these are commonly referred to as intangible assets. An office is a room or other area in which people work, but may also denote a position within an organisation with specific duties attached to it (see officer, office-holder, official); the latter is in fact an earlier usage, office as place originally referring to the location of one... Intangible assets are defined as assets that are not physical in nature. ...

See capital asset for intangibles issues that arise in accounting, including a more detailed sports example. In accounting, a capital asset is an asset that is recorded as capital - that is, property that creates more property, e. ... Accountancy (British English) or accounting (American English) is the process of maintaining, auditing, and processing financial information for business purposes. ...

See capital (economics) for issues that arise in economics, including a more detailed breakdown of types of assets. Capital has a number of related meanings in economics, finance and accounting. ... Economics (from the Greek οίκος [oikos], house, and νέμω [nemo], rules, hence household management) is the social science that studies the production, distribution, trade and consumption of goods and services in the context of the competing alternative allocations of goods and courses of action. ...