fixed asset

noun

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

Word History and Origins

Origin of fixed asset¹

First recorded in 1895–1900

Example Sentences

Industrial output, retail sales and fixed asset investment figures due on Friday will gauge momentum across key sectors, with markets looking for signs of a pickup in consumption and investment.

Read more on The Wall Street Journal

It will also drop a target to spend half of its fixed assets budget on renewables and low carbon products by 2030.

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If the loan receives final approval, it would be secured by all assets of the project and fixed assets and guarantees of Rivian and some of its subsidiaries, the company said.

Read more on Los Angeles Times

The report Friday by the National Bureau of Statistics showed factory output was up 6.7% in April from a year earlier and investment in fixed assets such as factory equipment climbed 4.2%.

Read more on Seattle Times

Neither Bowie, Coco or Ollin commented when asked how they feel about being “living fixed assets.”

Read more on Seattle Times