fixed asset
asset (land, building, patent etc.) which is held for a long period of time by a business | ||||
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Fixed asset definition was found in categories: Business & Finance(2) Encyclopedia(1)
Fixed asset Definition from Business & Finance Dictionaries & Glossaries
| Campbell R. Harvey's Hypertextual Finance Glossary |
Fixed asset
Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition.
Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition.
| BASSAM Trade, Real Estate, Mortgage, Fund,Invest, Insurance,& Tax,Terms/abbreviations/defin. |
FIXED ASSET
Tangible property, i.e., land, buildings, machinery, etc. Used in the operation of the business rather than for resale.
See also FIXED COST
Tangible property, i.e., land, buildings, machinery, etc. Used in the operation of the business rather than for resale.
See also FIXED COST
Fixed asset 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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