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Fixed Asset
(redirected from Long Lived Asset)

   Also found in: Legal, Wikipedia 0.01 sec.
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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4 million non-cash charge for long lived asset impairments and inventory write-downs for a total in non-cash charges of $11.
4 million non-cash impairment charge included in operating expenses to write-down the value of the company's long-lived assets as the carrying amount of its long lived assets taken as a whole exceeded their fair value -- ($0.
In long lived asset is to be abandoned or distributed to owners in a spinoff together with other assets (and liabilities) as a group and that disposal group is a component of an entity, (15) paragraphs 41-44 shall apply to the disposal group at the date it is disposed of.
 
 
 
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