An intangible good is something that provides utility which does not have a physical nature, as opposed to a physical good (an object). Intangible goods do not have a physical presence, but "ownership rights exist for them (established with patents and copyrights), they can be stored, and their ownership transferred." Digital goods such as downloadable music, mobile apps or virtual goods used in virtual economies are proposed to be examples of intangible goods.
An intangible good is something that provides utility which does not have a physical nature, as opposed to a physical good (an object). Intangible goods do not have a physical presence, but "ownership rights exist for them (established with patents and copyrights), they can be stored, and their ownership transferred." Digital goods such as downloadable music, mobile apps or virtual goods used in virtual economies are proposed to be examples of intangible goods.
Source: Wikipedia "Intangible good" · CC BY-SA 4.0
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