fixed assets

fixed assets
the land, buildings, vehicles, materials and equipment owned by a business, which are used to earn revenue rather than being for sale. Glossary of Business Terms
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fixed assets are assets acquired for continuing use in the business and not with the intention to resell, e.g. land, cars, plant and machinery. Dresdner Kleinwort Wasserstein financial glossary

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   Assets bought by a company for its continued use for a number of years, rather than for resale. There are three categories of fixed assets:
   - tangible assets, such as land and equipment
   - intangible assets, such as a company's logo or brand
   - investments, such as stakes in joint ventures.
   ► See also Assets.

Financial and business terms. 2012.

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