nontrading business assets of a relatively permanent nature, such as plant, fixtures, or goodwill
Also called: capital assets. Compare current assets
fixed assets in Accounting
(fɪkst æsɛts)
noun
(Accounting: Financial statements, Balance sheet)
Fixed assets are a company's permanent assets, such as buildings, equipment, and technology.
There has been a drop in spending on fixed assets such as software.
Assets in a company's account include fixed assets like land, plants, and machinery, as well as investments and current assets likefinished goods and sundry debtors.
Fixed assets are a company's permanent assets, such as buildings, equipment, and technology.