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Fixed Asset

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Fixed asset
Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition.

Fixed Asset
An asset with a long-term useful life that a company uses to make its products or provide its services. Strictly speaking, a fixed asset is any asset that the company does not expect to sell for at least a year, but the term often refers to assets a company expects to have indefinitely. Common examples of fixed assets are real estate and factories, which a company holds for long periods of time.

fixed asset
An asset not readily convertible to cash that is used in the normal course of business. Examples of fixed assets include machinery, buildings, and fixtures. A firm whose total assets are made up primarily of fixed assets is in a less liquid financial position, thus entailing greater risk of a big tumble in profits if its revenues fall.


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The broadcaster attributed the group net loss partly to appraisal losses on securities holdings and fixed assets.
Calgary, AB, announces it has entered into an agreement to acquire certain fixed assets and inventory of Pursell Technologies Inc.
It blamed the fall on a change in Japanese accounting standards for the treatment of fixed assets and the introduction of Nissan's defined contribution pension plan.
 
 
 
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