Definition of fixed assets in English English dictionary
the capital property of an organization or business, non-trading business assets
Those resources recorded on the balance sheet that are long-lived (i e having an economic life greater than one year)
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
Estimated value of land, buildings, equipment, and other tangible items owned by the organization
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
Long-term assets are things like machinery, land equipment etc , things that can not be quickly turned into cash
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
Also called long-term assets, they are assets such as office equipment that can be depreciated
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
the land, buildings, vehicles, materials and equipment owned by the business and used to earn income for the business
Assets of a permanent character that have continuing value such as land, buildings, machinery, furniture, and equipment
The assets of a business that are not expected to be converted into cash within the year, including real estate and equipment
Assets of a long-term character which are intended to continue to be held or used, such as land, buildings, machinery, furniture, and other equipment
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 long-term assets such as land, building, furniture, fixtures, machinery, equipment etc held for use rather than for sale
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
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
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
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