Intangible assets are resources owned by a company that have value but no physical form. Common intangible assets within a company include patents, trademarks, goodwill and franchise licenses.

When companies invest in assets, they expect those assets to last a certain number of years. Over time, they’re depreciated based on their remaining serviceable life and any potential saleable value ...

Severe storms — thunderstorms that produce tornadoes, hail at least one inch in diameter, or damaging winds (58 mph or higher) — are destructive and deadly. They cause an average of 200 deaths ...