fixed asset
asset (land, building, patent etc.) which is held for a long period of time by a business | ||||
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Fixed assets definition was found in categories: Science & Technology(1) Social Science(1) Business & Finance(2) Encyclopedia(1)
Fixed assets Definition from Science & Technology Dictionaries & Glossaries
| EIA Energy Glossary |
Fixed assets
Tangible property used in the operations of an entity, but not expected to be consumed or converted into cash in the ordinary course of events. With a life in excess of one year, not intended for resale to customers, and subject to depreciation (with the exception of land), they are usually referred to as property, plant, and equipment.
Tangible property used in the operations of an entity, but not expected to be consumed or converted into cash in the ordinary course of events. With a life in excess of one year, not intended for resale to customers, and subject to depreciation (with the exception of land), they are usually referred to as property, plant, and equipment.
| BEA Economic Analysis Glossary |
Fixed assets
Produced assets that are used repeatedly, or continuously, in processes of production for an extended period of time. They consist of equipment and software and structures (including, by convention, owner-occupied housing), but exclude consumer durables.
Produced assets that are used repeatedly, or continuously, in processes of production for an extended period of time. They consist of equipment and software and structures (including, by convention, owner-occupied housing), but exclude consumer durables.
Fixed assets Definition from Business & Finance Dictionaries & Glossaries
| Raynet Business & Marketing Glossary |
Fixed Assets
resources which the business has acquired with the intention to retain them for use in carrying out its main activities, rather than for re-sale. These may be either tangible (e.g. plant) or intangible (e.g. trademarks).
resources which the business has acquired with the intention to retain them for use in carrying out its main activities, rather than for re-sale. These may be either tangible (e.g. plant) or intangible (e.g. trademarks).
| Sean_Woo's Finance,GIS & Real Estate Glossary |
fixed assets
the least liquid class of assets, including tangible and intangible assets
the least liquid class of assets, including tangible and intangible assets
Fixed assets Definition from Encyclopedia Dictionaries & Glossaries
| Wikipedia English - The Free Encyclopedia |
Fixed asset
Fixed asset, also known as property, plant, and equipment (PP&E), is a term used in accountancy for assets and property which cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, which are described as liquid assets. In most cases, only tangible assets are referred to as fixed.
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