fixed asset

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noun

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

Nearby words

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.

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