fixed asset

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noun

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

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Words nearby fixed asset

fixative, fixator, fixator muscle, fixed, fixed action pattern, fixed asset, fixed assets, fixed bridge, fixed capital, fixed charge, fixed cost

Origin of fixed asset

First recorded in 1895–1900

Also called capital asset.

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

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