- equipment
- A category of goods defined by Article 9 of the UCC. Equipment is goods used primarily in the operation of a business. It includes professional equipment and farm equipment. Any personal property that is tangible and is not consumer goods, farm products, or inventory. American Banker Glossary
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equipment e‧quip‧ment [ɪˈkwɪpmənt] noun [uncountable]all the special machines, tools etc that you need for a particular activity:• The company has invested heavily in new equipment.
ˌcapital eˈquipmentFINANCE buildings, machinery etc used by a business to produce its goods or services, or by a country in its buildings, roads, water supplies etc; = FIXED ASSET:• This small engineering firm makes capital equipment used to process rubber and plastics.
• Proceeds from the share issue will be used to repay debt and purchase capital equipment.
ˌheavy eˈquipment MANUFACTURINGlarge machines, for example those used to make cars:• Manufacturers of heavy equipment and the electric utilities consume most of Britain's coal.
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equipment UK US /ɪˈkwɪpmənt/ noun [U]► the machinery, tools, etc. that you need to do a job: »What are the estimated start-up costs for real estate, construction, and equipment?
»Industrial machinery and equipment orders have risen by 2.7%.
»People want to know exactly what they're getting when they buy a piece of equipment.
»install/use/supply equipment
»buy/purchase/hire equipment
»electrical/electronic/high-tech equipment
»computer/office/audio-visual equipment
»state-of-the-art/special/specialized equipment
»equipment maker/manufacturer/supplier
Financial and business terms. 2012.