Definition of fixed asset in English English dictionary
Asset or property which cannot easily be converted into cash, such as land, buildings and machinery
Asset held for the purpose of providing or producing goods or services and that is not held for resale in the normal course of business
Long-lived property owned by a firm that is used by a firm in the production of its income Tangible fixed assets include real estate, plant, and equipment Intangible fixed assets include patents, trademarks, and customer recognition
(real property) refers to the following: Land, grading, other land acquisition costs Roads, sidewalks, other land improvements Buildings Building-related assets Utilities The term "Fixed Asset" does not include foundations and other work necessary for installing Special Tooling, Special Test Equipment or Plant Equipment
An asset of long-term character such as land, buildings, certain furniture, and other equipment In the private sector, these assets are typically referred to as property, plant, and equipment
Tangible property, such as land, buildings, machinery, fixtures, furniture and equipment, used in the operation of a business
Tangible assets such as furniture and fixtures, equipment, land, and buildings reflected on the books of a company at cost (cost less depreciation)
a tangible non current asset, such as land, building, equipment, etc , held for use rather than for sale
A long-term, tangible asset held for business use and not expected to be converted to cash in the current or upcoming fiscal year, such as manufacturing equipment, real estate, and furniture also called plant
An asset that has a useful life that is longer than an accounting period Fixed assets include land, buildings, furniture, equipment, books, artwork, and other assets funded from any source, including research awards
A tangible long-term asset such as land, buildings or machinery, held for use rather than for processing or resale Fixed assets are found on a company's balance sheet
Fixed assets are assets which a company uses on a continuous basis, such as property and machinery. Investment in fixed assets is an important vehicle for ensuring that the latest technology is available to business
A tangible long-term asset, such as land, building, equipment, etc , held for use rather than for sale (v capital asset (1))
asset (land, building, patent etc.) which is held for a long period of time by a business
An asset that is held by an enterprise for use in the production or supply of goods or services, for rental to others, or for administrative purposes on a continuing basis in the reporting entity's activities
An asset of long-term character such as land, buildings, certain furniture, and other equipment
(Ticaret) A tangible, nonmonetary asset used in normal business operations that exists in and is depreciated over multiple fiscal periods
Assets of a long-term or permanent nature which may be used in the operation of a business or production of income
Assets that are used to produce revenue and are not intended for sale, such as office furniture, vehicles, real property, building improvements, and factory equipment Also called "long-term" assets
Tangible property used in the operations of a business but not expected to be consumed or converted into cash in the ordinary course of events Plant, machinery and equipment, furniture and fixtures and leasehold improvements comprise the fixed assets of most companies Companies with a lot of fixed assets can be accurately valued with the price-to-book ratio See "Price/Book Value " BACK TO TOP
those assets acquired for use by the union with no intention of selling them until their usefulness is dimished, such as land, office equipment, furniture, etc
Land, buildings, plant, equipment, and other assets acquired for carrying on the business of a company with a life exceeding one year Normally expressed in financial accounts at cost, less accumulated depreciation
Anything companies use for more than one year to manufacture, display, store, and transport products Often called "Property, plant, and equipment" because that's what fixed assets usually are Listed after current assets in the assets category on the statement of financial position See also assets, noncurrent assets
Land, buildings, machinery, furniture, and other equipment which the LEA intends to hold or continue in use over a long period of time 'Fixed' denotes probability or intent to continue use or possession and does not necessarily indicate immobility of an asset
Assets categorized as "permanent" and not intended to be "turned over" in the normal business cycle Fixed Assets include Land, Buildings, Machinery and Furniture with a useful business life of greater than one year The loss of utility or value in Fixed Assets is represented by periodic Depreciation that is charged against income
A long-term, tangible asset for business use, such as equipment and real estate, that is not expected to be converted to cash in the current or upcoming fiscal year Listed on the consolidated balance sheets
They are also called property, plant and equipment These are assets used to help run or operate the government They are expected to last longer than a year Specifically, they many include vehicles, buildings, and machines Under ordinary circumstances, they are not expected to be converted to cash to pay bills
Permanent assets of a company required for the regular conduct of business which will not be converted into cash during the next year Examples are land, building, furniture and fixtures
Land, building, machinery, furniture, and other equipment which the school district intends to hold or continue in use over a long period of time "Fixed" denotes probability or intent to continue use or possession, and does not indicate immobility of an asset
Tangible assets used in the operation of a business, but not expected to beconsumed or converted into cash in the ordinary course of events withinone year Plant, machinery and equipment, furniture and fixtures andleasehold improvements comprise the fixed / Long-Term Assets of mostcompanies They are normally represented on the balance sheet at their netdepreciated value
- Those permanent assets which are intended for continued use or possession; common classifications being land, buildings, equipment and patents Most Caterpillar product is placed in this category