Long-lived property owned by a firm that is used by a firm in the production of its income. tangible fixed assets include real estate, plant, and equipment. intangible fixed assets include patents , trademarks , and customer recognition. Bloomberg Financial Dictionary
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fixed assets are assets acquired for continuing use in the business and not with the intention to resell, e.g. land, cars, plant and machinery. Dresdner Kleinwort Wasserstein financial glossary
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fixed asset UK US noun [C, usually plural]
► ACCOUNTING CAPITAL ASSET(Cf. ↑capital asset)
Financial and business terms. 2012.