Management Glossary

  Search Results: fixed asset
fixed asset
The major, tangible assets of a company that are not expected to be sold in the short-term and are not items that traded in the normal course of business. (For example, no matter how long they might be expected to sit in the company, inventories of parts, raw material or finished goods are not fixed assets despite being tangible.)
Contributed by: Managerwise Staff
See: asset

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