Derivatives
Power LIBOR Swap
January 24, 2021
Accounting
Internal-Use Intangible Asset
January 24, 2021

A type of intangible assets that are assigned for internal use (rather than other external use intangibles such as patents, goodwill, copyrighted materials, etc). Internal-use intangibles include technical documentation, engineering drawings, operating procedures, employee manuals, a trained and well-positioned workforce, etc.

These intangibles are also known as non-transferable intangible assets.

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts