fixed asset

(redirected from Long-term asset)
Also found in: Dictionary, Legal, Wikipedia.
Related to Long-term asset: Fixed assets

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.
References in periodicals archive ?
According to a June 5, 2014, article from The Wall Street Journal, "Credit unions' net holdings of long-term assets, a measure of exposure to rising interest rates, rose to an all-time high at the end of 2013 to 35.
Lastly, the negative association seems stronger for accruals and long-term asset accruals generated in the fourth fiscal quarter, when management are often in a position to either spend the money or "waste" the budget.
completed its acquisition of Columbia Management Group, LLC's long-term asset management business in May.
Prominent examples include Bank of America's announced sale of the long-term asset management business of its Columbia Management subsidiary to Ameriprise; Bank of New York Mellon's announced acquisition of Insight Investment Management from Lloyds Banking Group; and the purchase by Sumitomo Trust & Banking of Citigroup's 64% interest in Nikko Asset Management.
INDOPCO requires capitalization of certain costs that create a long-term asset, which is interpreted as including a significant future benefit.
By choosing the accelerated auction method of sales, the seller can avoid the carrying costs associated with long-term asset management and maintenance, including taxes and marketing expenses.
NYSE:NFS), a publicly traded company based in Columbus, Ohio, provides a variety of financial services that help consumers invest1 and protect their long-term assets, and offers retirement plans and services through both public- and private-sector employers.
over PR Newswire, we are advised by the company that in TABLE - 2, CONSOLIDATED BALANCE SHEETS, Total current assets for March 31, 2007 should read "89,752" instead of "81,754"; Total long-term assets for March 31, 2007 should read "7,869" rather than "15,867"; and Short-term bank credit and current maturities, net for March 31, 2007 should read "--" rather than "$0", as originally issued inadvertently.
If the tender offer is successful and all the secured notes are redeemed, the second lien on working capital would be released and there would be no liens on long-term assets.
Fitch assigns an 'L-1' stability rating, which indicates the highest relative stability of total returns for funds with portfolios consisting of long-term assets.
What is the typical ratio of short-term and long-term assets to employee?
A large part of the company's assets consist of long-term assets such as its telephone system property and equipment and the direct mail franchise rights acquired during the year.