An asset (e.g. machinery, plant) used by a company on a long term basis.
Something solid a company owns that hurts your shin if you fall over it; like a factory. See Intangible Asset.
Any property or equipment owned by a company that is used in carrying on its operation and that will not be consumed through use or converted into cash during the current fiscal period.
Tangible property, such as land, buildings, machinery, fixtures, furniture and equipment, used in the operation of a business.
A specific piece of property that is of a tangible nature, has a life of a long-term character, and is of significant value such as equipment, land, and buildings. Fixed assets related to specific Proprietary Funds or Trust Funds are classed as "Fund Fixed Assets." All other fixed assets are classed as "General Fixed Assets."
same as inventorial equipment: Non-expendable personal property that has an acquisition cost of $1,500 or more, is free standing and complete in itself, does not lose its identity when affixed to or installed in other equipment, and has a normal life expectancy of one year or more; see also Inventorial Equipment
any object tangible in nature, having a life longer than one year, not considered a repair part or supply item, and either having a value greater than the capitalization threshold or being considered a controlled asset
an asset of a business intended for continuing use , rather than a short-term, temporary asset such as stocks
an asset which possesses a physical form and which is intended to be used in the business on a long term basis in order to earn income or to produce outputs
an asset you generally expect to use in your business for more than a year
a tangible item that has a future economic benefit
See also Infrastructure asset.
A tangible item of a long-term character such as land, buildings, furniture, and other equipment with a unit cost in excess of $5,000.
An item of tangible, non-expendable personal property which 1) has a acquisition cost of $5,000 or more, 2) an expected useful life of at least one year, and 3) will retain its identity throughout the useful life.
Something "solid" and "real" that a company owns. Classic examples would be a warehouse, factory or office block.
A tangible long-term asset such as a house or other property.
a long term asset of a business such as a machine or building that will not usually be traded.
Any tangible property such as buildings, machinery and equipment, furniture, and leasehold improvements.
A tangible long-term asset such as land, building or machinery, held for use rather than for processing or resale.
Long-lived tangible assets include buildings, equipment, leasehold improvements, and betterments. When acquired, this property is recorded at historical cost. The cost of a fixed asset is depreciated over its estimated useful life (see Depreciation).
Tangible assets such as furniture and fixtures, equipment, land, and buildings reflected on the books of a company at cost (cost less depreciation).
Fixed assets are assets that have a remaining life over an year.... more on Fixed asset
An asset acquired by a business where there was no intention to make money from immediately reselling the asset. e.g A Van used by a plumbing firm.
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.
Fixed Asset refers to a long term asset that is tangible and held for business use and that is not converted to cash in the following fiscal.
Tangible property, owned by a firm, that is used in the production of its income, but not expected to be consumed or converted into cash.
Fixed asset, also known as property, plant, and equipment (PP&E), is a term used in accountancy for assets and property which cannot easily be converted into cash. This can be compared with current assets such as cash or bank accounts, which are described as liquid assets. In most cases, only tangible assets are referred to as fixed.
