fixed asset


noun

any long-term asset, as a building, tract of land, or patent.

Nearby words

  1. fixative,
  2. fixator,
  3. fixator muscle,
  4. fixed,
  5. fixed action pattern,
  6. fixed assets,
  7. fixed bridge,
  8. fixed capital,
  9. fixed charge,
  10. fixed cost

Origin of fixed asset

First recorded in 1895–1900

Also called capital asset.

Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019


British Dictionary definitions for fixed assets

fixed assets

pl n

nontrading business assets of a relatively permanent nature, such as plant, fixtures, or goodwillAlso called: capital assets Compare current assets
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012