Intangible Fixed Assets definition

Intangible Fixed Assets means intangible fixed assets and goodwill within the meaning of Schedule 29 to the Finance Xxx 0000 to which that Schedule applies;
Sample 1

Examples of Intangible Fixed Assets in a sentence

  • Depreciation of Lease Assets in Tangible Fixed Assets and Intangible Fixed Assets which are finance leases where the ownership of assets is not transferred to the lessees is calculated using the straight-line method over the lease term with zero residual value unless residual value is guaranteed by the corresponding lease contracts.

  • The policy defines the treatment of Non-Current, Current, Tangible and Intangible Fixed Assets.

  • Intangible Fixed Assets are amortized using the straight-line method.

  • Net Capital ("Net Capital") is broadly defined as: Permanent Capital plus additional capital less intangible fixed assets (including goodwill, development costs, etc ("Intangible Fixed Assets")).

  • Depreciation of lease assets booked in Tangible Fixed Assets and Intangible Fixed Assets which are concerned with finance lease transactions that do not transfer ownership is mainly computed by the same method as the one applied to fixed assets owned by us.

  • Amortization of Intangible Fixed Assets is computed by the straight-line method.

  • Intangible Fixed Assets are measured on initial recognition at cost.

  • The range of useful lives is as follows: Buildings: 3 years to 50 years Others: 2 years to 20 years (2) Intangible Fixed Assets (Except for Lease Assets) Amortization of Intangible Fixed Assets is computed by the straight-line method.

  • Intangible Fixed Assets (Softwares) acquired separately are measured on initial recognition at cost.

  • Fixed assets are classified into the groupings required by the Code of Practice on Local Authority Accounting as follows: Intangible Fixed Assets Intangible fixed assets are assets that do not have physical substance but are identifiable and controlled by the Council (e.g. software licences).

Related to Intangible Fixed Assets

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Fixed Assets means Equipment and Real Estate.

  • Intangible Assets means assets that are considered to be intangible assets under GAAP, including customer lists, goodwill, computer software, copyrights, trade names, trademarks, patents, franchises, licenses, unamortized deferred charges, unamortized debt discount and capitalized research and development costs.

  • Tangible Personal Property means, in respect of any Person, all machinery, equipment, tools, furniture, office equipment, supplies, materials, vehicles and other items of tangible personal or movable property (other than Inventories and IT Assets) of every kind and wherever located that are owned or leased by the Person, together with any express or implied warranty by the manufacturers, sellers or lessors of any item or component part thereof and all maintenance Records and other documents relating thereto.

  • Intangible means any name, corporate name, fictitious name, trademark, trademark application, service xxxx, service xxxx application, trade name, brand name, product name, slogan, trade secret, know-how, patent, patent application, copyright, copyright application, design, logo, formula, invention, product right, technology or other intangible asset of any nature, whether in use, under development or design, or inactive.

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Leased Intangible Property means all agreements, service contracts, equipment leases, booking agreements and other arrangements or agreements affecting the ownership, repair, maintenance, management, leasing or operation of the Leased Property, or any portion thereof, to which Landlord is a party; all books, records and files relating to the leasing, maintenance, management or operation of the Leased Property, or any portion thereof, belonging to Landlord; all transferable or assignable permits, certificates of occupancy, operating permits, sign permits, development rights and approvals, certificates, licenses, warranties and guarantees, rights to deposits, trade names, service marks, telephone exchange numbers identified with the Leased Property, and all other transferable intangible property, miscellaneous rights, benefits and privileges of any kind or character belonging to Landlord with respect to the Leased Property.

  • Tangible Property means any furniture, fixtures, leasehold improvements, vehicles, office equipment, computer equipment, other equipment, machinery, tools, forms, supplies or other tangible personal property of any nature.

  • Leased Assets shall have the meaning ascribed thereto in Section 3.6.

  • Real Property Assets means as to any Person as of any time, the real property assets (including, without limitation, interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Intellectual Property Assets means all Intellectual Property that is owned by Seller and used in or necessary for the conduct of the Business as currently conducted.

  • Intangible Asset means any asset (either as a single or as a batch) without physical substance but which is identifiable and controlled through custody or legal rights, for example, most commonly (but not limited to) software licences, quotas, patents, copyrights, franchises and trademarks purchased, donated or developed together, which cost more than the Capitalisation Threshold; and has an economic life of twelve (12) Months or more; and is purchased, developed or maintained wholly or partially using the Grant;

  • Company Intellectual Property Assets means all Intellectual Property Assets owned by the Company or used or held for use by the Company in the Business and all Products.

  • Computer equipment means Covered Property that is electronic computer or other data processing equipment, including peripherals used in conjunction with such equipment, and electronic media and records.

  • Excluded Personal Property means the following:

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Property, Plant and Equipment means any item of real property, or any interest therein, buildings, improvements and machinery.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Fixtures and Equipment means, with respect to any Person, all of the furniture, fixtures, furnishings, machinery and equipment owned or leased by such Person and located in, at or upon the Assets of such Person.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Intangible income means income of any of the following types: income yield, interest, capital gains, dividends, or other income arising from the ownership, sale, exchange, or other disposition of intangible property including, but not limited to, investments, deposits, money, or credits as those terms are defined in Chapter 5701. of the Ohio Revised Code, and patents, copyrights, trademarks, trade names, investments in real estate investment trusts, investments in regulated investment companies, and appreciation on deferred compensation. "Intangible income" does not include prizes, awards, or other income associated with any lottery winnings, gambling winnings, or other similar games of chance.

  • Tangible Assets means assets consisting of land, buildings and plant, machinery and equipment;

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Leased Equipment means the computers, servers, machinery and equipment and other tangible personal property leased by Seller for use in the operation or conduct of the Business.

  • Intellectual Property Asset means, at the time of determination, any interest (fee, license or otherwise) then owned by any Credit Party in any Intellectual Property.