fixed asset

American  

noun

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

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Etymology

Origin of fixed asset

First recorded in 1895–1900

Example Sentences

China’s ‘old economy,’ comprising 80% of GDP, faces challenges including declining property prices and declining investments in fixed assets.

From Barron's

China’s ‘old economy,’ comprising 80% of GDP, faces challenges including declining property prices and declining investments in fixed assets.

From Barron's

China’s ‘old economy,’ comprising 80% of GDP, faces challenges including declining property prices and declining investments in fixed assets.

From Barron's

The construction-in-progress account, which is immune to depreciation, holds all the costs for a fixed asset until it is ready for use.

From The Wall Street Journal

Rarely have investors obsessed over a topic as seemingly banal as the proper depreciation schedule for fixed assets.

From The Wall Street Journal