fixed asset
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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.
- Synonym: non-current asset
- Coordinate term: current asset
Usage notes
The plural form is more usual.
Hyponyms
Translations
finance: an organization's fixed assets
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See also
Further reading
- “fixed asset” in Longman Dictionary of Contemporary English, Longman.
- “fixed assets” in Longman Dictionary of Contemporary English, Longman.
- “fixed assets”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
- “fixed assets”, in Merriam-Webster Online Dictionary, Springfield, Mass.: Merriam-Webster, 1996–present.