Examples of Intangible in a sentence
NikoLić -Derić e.a. (eds.), Museums and Intangible Cultural Heritage: Towards a Third Space in the Heritage Sector.
Intangible assets acquired separately are measured on initial recognition at cost.
If such assets are considered to be impaired, the impairment is recognized by debiting the Statement of Profit & Loss Account and is measured as the amount by which the carrying amount of the assets exceeds the fair value of the assets.1.5 Intangible assetsIntangible Assets are recognised only if they are separately identifiable and the Company expects to receive future economic benefits arising out of them.
Intangible assets and amortisationIntangible assets are stated at historical purchase cost less accumulated amortisation and accumulated impairment.
Provision is made for the cost of obsolescence and other anticipated losses, wherever considered necessary.1.10 Impairment of tangible and intangible assetsThe carrying amounts of Tangible and Intangible assets are tested for impairment at each Balance Sheet date to determine if there is any indication of impairment, based on internal / external factors.