fixed asset investment & finance definition
asset that will not be consumed in the short term, such as a building,
equipment, and furniture. These assets are quantified on a company’s balance
sheet and depreciation expenses are taken on them.
See fixed asset in Wall Street Words
An asset not readily convertible to cash that is used in the normal course of business. Examples of fixed assets include machinery, buildings, and fixtures. A firm whose total assets are made up primarily of fixed assets is in a less liquid financial position, thus entailing greater risk of a big tumble in profits if its revenues fall.
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