fixed assets

fixed asset

noun
any long-term asset, as a building, tract of land, or patent.
Also called capital asset.


Origin:
1895–1900

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Based on the Random House Dictionary, © Random House, Inc. 2014.
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World English Dictionary
fixed assets
 
pl n
Compare current assets Also called: capital assets nontrading business assets of a relatively permanent nature, such as plant, fixtures, or goodwill

Collins English Dictionary - Complete & Unabridged 10th Edition
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Dictionary.com's 21st Century Lexicon
Main Entry:  fixed assets
Part of Speech:  n pl
Definition:  the longer-term holdings that are not likely to be quickly converted to cash, such as property and equipment
Dictionary.com's 21st Century Lexicon
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