fixed asset
Noun
Meaning
fixed asset (plural fixed assets)
(business, accounting) Asset or property which cannot easily be converted into cash, such as land, buildings and machinery.
Synonym: non-current asset
Coordinate term: current asset
Noun
fixed asset (plural fixed assets)
(business, accounting) Asset or property which cannot easily be converted into cash, such as land, buildings and machinery.
Synonym: non-current asset
Coordinate term: current asset