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fixed asset

From Wiktionary, the free dictionary

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English

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Noun

fixed asset (plural fixed assets)

  1. (business, accounting) Asset or property which cannot easily be converted into cash, such as land, buildings and machinery.
    Synonym: non-current asset
    Coordinate term: current asset

Usage notes

The plural form is more usual.

Hyponyms

  • property plant and equipment, PP&E

Translations

See also

Further reading

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