fixed assets
index immovable

Burton's Legal Thesaurus. . 2006


fixed assets
n.
The property that a business uses in its daily operations and will not convert into cash, such as equipment.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


fixed assets
Permanent assets that provide the capacity to earn revenue, for example, land, machinery, equipment and buildings.
Related links

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

  • fixed assets — ► PLURAL NOUN ▪ assets which are purchased for long term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment …   English terms dictionary

  • fixed assets — n [plural] technical land, buildings, or equipment that a business owns and uses …   Dictionary of contemporary English

  • fixed assets — the land, buildings, vehicles, materials and equipment owned by a business, which are used to earn revenue rather than being for sale. Glossary of Business Terms fixed assets are assets acquired for continuing use in the business and not with the …   Financial and business terms

  • fixed assets — noun plural : tangible assets (as land, buildings, machinery, equipment) of a permanent or long term nature compare capital assets * * * fixed ˈassets [fixed assets] noun …   Useful english dictionary

  • fixed assets — Tangible property used in operating a business which will not be consumed or converted into cash or its equivalent during the current accounting period; e.g. plant, machinery, land, buildings, fixtures. Contrasted with liquid assets; e.g. cash,… …   Black's law dictionary

  • fixed assets — Tangible property used in operating a business which will not be consumed or converted into cash or its equivalent during the current accounting period; e.g. plant, machinery, land, buildings, fixtures. Contrasted with liquid assets; e.g. cash,… …   Black's law dictionary

  • fixed assets — plural noun assets which are purchased for long term use and are not likely to be converted quickly into cash, such as land, buildings, and equipment. Compare with current assets …   English new terms dictionary

  • Fixed assets —   Accounts which contain: • all non monetary assets the services of which are to be received over a period longer than one year (more than one accounting period). • accumulated depreciation accounts. • capital leasing accounts …   International financial encyclopaedia

  • Fixed assets —   Tangible property used in the operations of an entity, but not expected to be consumed or converted into cash in the ordinary course of events. With a life in excess of one year, not intended for resale to customers, and subject to depreciation …   Energy terms

  • fixed assets — noun (plural) technical land, buildings, or equipment that a business owns and uses …   Longman dictionary of contemporary English

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