fixed asset

noun

1. any long-term asset, as a building, tract of land, or patent.

Word History and Origins

Origin of fixed asset¹

First recorded in 1895–1900

Example Sentences

The report Friday by the National Bureau of Statistics showed factory output was up 6.7% in April from a year earlier and investment in fixed assets such as factory equipment climbed 4.2%.

From Seattle Times

Neither Bowie, Coco or Ollin commented when asked how they feel about being “living fixed assets.”

From Seattle Times

When a company purchases a fixed asset such as a piece of equipment or a computer, it uses depreciation to determine the life cycle value of the item.

From Encyclopedia.com

The latest indicators from the region's largest economy to be released include house prices, fixed asset investment, retail sales, industrial production and unemployment, all for August.

From Reuters

Industrial production is due the same day, as is fixed asset investment and NBS housing sector data, which will provide a health check on the all-important property sector.

From Reuters