From Longman Dictionary of Contemporary Englishfixed assetsˌfixed ˈassets noun [plural] technical BFland, buildings, or equipment that a business owns and uses
Examples from the Corpus
fixed assets• Fixed assets Significant changes in fixed assets are set out on pages 43 and 45.• The asset section of the balance sheet is divided into two major sections: current assets and fixed assets.• Consumer goods occupy a much more contradictory place in the circulation and realisation of capital than do fixed assets.• The balance sheet reveals increasing fixed assets some of which relate to revaluations.• The principal element of fixed assets is land and buildings acquired for development projects.• Bert not being that clever with figures opts for straight line depreciation on all the fixed assets.• Certainly, there is no requirement in private hospitals to revalue their fixed assets every three years. 