Last edited 16 Mar 2021

Intangible cost

The Chartered Institute of Procurement & Supply (CIPS) Glossary of procurement terms, defines intangible as: ‘Something you cannot physically see or touch’.

It suggests that an intangible cost is: ‘A cost to an organisation that is known but cannot be quantified.’

[edit] Related articles on Designing Buildings Wiki

Designing Buildings Anywhere

Get the Firefox add-on to access 20,000 definitions direct from any website

Find out more Accept cookies and
don't show me this again
"