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fixed asset
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noun
any long-term asset, as a building, tract of land, or patent.
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Also called capital asset.
Origin of fixed asset
First recorded in 1895–1900
Words nearby fixed asset
fixation, fixative, fixator, fixed, fixed action pattern, fixed asset, fixed assets, fixed bridge, fixed capital, fixed charge, fixed cost
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
How to use fixed asset in a sentence
What’s more, the company this year has doled out $30 billion in capital spending — the amount it spends for property, equipment and other fixed assets — “a large part” of which has been directed at operations, Olsavsky said.
Growth depends far too much on fixed asset investment, notably in infrastructure and real estate construction.
Fixtures—A fixed asset represented by that part of the furniture not readily removable, such as gas and electric light fixtures.