fixed asset

fixed asset
any long-term asset, as a building, tract of land, or patent. Also called capital asset.
[1895-1900]

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fixed asset UK US noun [countable] [singular fixed asset plural fixed assets] business
something a company owns and uses but does not sell, for example machines, buildings, or land
Thesaurus: general words for possessionssynonym to do business and relating to doing businesshyponym to own something, or to be ownedsynonym

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fixed asset,
a piece of land, building, or other immovable fixture, of a business; capital asset.

Useful english dictionary. 2012.

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Look at other dictionaries:

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