Noun
fixed capital (uncountable)
(economics) Any kind of real, physical asset that is used in the operation of a business but which is not consumed by that use.
The wheat bought by a farmer to sow is comparatively a fixed capital to the wheat purchased by a baker to make into loaves. David Ricardo
The immense accumulations of fixed capital which, to the great benefit of mankind, were built up during the half century before the war, could never have come about in a Society where wealth was divided equitably. John Maynard Keynes
As a beast of toil an ox is fixed capital. If he is eaten, he no longer functions as an instrument of labour, nor as fixed capital either. Karl Marx
Perpetual revolutions in technology can mean the devaluation of fixed capital on an extensive scale. David Harvey
No fixed capital can yield any revenue but by means of a circulating capital. Adam Smith
The development of fixed capital indicates in still another respect the degree of development of wealth generally, or of capital... Karl Marx