fixed asset

American

noun

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

Etymology

Origin of fixed asset

First recorded in 1895–1900

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The construction-in-progress account, which is immune to depreciation, holds all the costs for a fixed asset until it is ready for use.

From The Wall Street Journal • Dec. 24, 2025

November’s retail sales grew 1.3%, down from 2.9% in October, marking the weakest growth since 2022, and fixed asset investment fell 2.6%.

From Barron's • Dec. 15, 2025

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 • Sep. 14, 2023

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 • Feb. 13, 2018

Is the night shift less productive than the day shift, are the rates of return from fixed asset investments different from those from common stock investments, and so on?

From Textbooks • Nov. 29, 2017

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023