A value that cannot be imputed to any part of the physical property, e.g., the excess value attributable to a favorable lease or mortgage, the value attributable to goodwill&quo…

Question

A value that cannot be imputed to any part of the physical property, e.g., the excess value attributable to a favorable lease or mortgage, the value attributable to goodwill" is the definition of ____________ value.

Answer 1

intangible

Step-by-step explanation:

Intangible value: The term intangible values is referred to as the phenomenon in which the present value of overabundance earning power related to an entity above the normal rate of getting back or return. The intangible value includes things that an individual can't see or touch, for example, goodwill related to a well-established business.

In the question above, the given statement signifies the intangible value.