fixed asset Definition

fixed asset

Definition

A long-term, tangible asset held for business use and not expected to be converted to cash in the current or upcoming fiscal year, such as manufacturing equipment, real estate, and furniture. also called plant.

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fixed asset is ...
... part of the Accounting and Investor Relations subjects.

... #71 on our list of the most popular terms.

Related Terms

capital asset - More

noncurrent asset - More

allowance for depreciation -

asset swap, capital budget, capital investment, capital liability, EBITDA, investment flows, leasehold, permanent financing, residual value, retirement

fixed asset appears in the definitions of these other terms on BusinessDictionary.com

fixed asset turnover ratio, average fixed assets, asset turnover ratio, projected total life cost, property, plant, and equipment, and