Definify.com
Definition 2024
fixed_asset
fixed asset
English
Noun
fixed asset (plural fixed assets)
- (business, accounting) Asset or property which cannot easily be converted into cash, such as land, buildings and machinery.
Usage notes
The plural form is more usual.
Synonyms
- non-current asset, property plant and equipment, PP&E
Antonyms
Translations
finance: an organization's fixed assets
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