What do a.m. and p.m. stand for?

fixed capital

capital goods, as machinery and tools, that are relatively durable and can be used repeatedly in the production of goods.
Origin of fixed capital
1840-50 Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2015.
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Examples from the web for fixed capital
  • fixed capital investment will contract for the first time in a decade, owing to the downturn and financing constraints.
  • Provide a designated principal economic indicator and a major source of data for monthly estimates of fixed capital investment.
  • Cloud storage of digital data is a fixed capital intensive zero-barrier-to-entry business.
  • Too much fixed capital in areas reliant on cheap energy.

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