Noncurrent Asset

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Noncurrent asset

Any asset that is expected to be held for the whole year, not sold or exchanged, such as real estate, machinery, or a patent.

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.

noncurrent asset

An asset that is not expected to be turned into cash within one year during the normal course of business. Noncurrent assets include buildings, land, equipment, and other assets held for relatively long periods. Noncurrent assets are generally more profitable than current assets, but they also entail more risk because they are more difficult to turn into cash and are likely to fluctuate in value more than current assets.

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Current/Noncurrent Method			This improvement mainly reflected the recording of a gain on sales of noncurrent assets such as patents related to plasma displays, and decreased income taxes. Pioneer Announces Business Results for 1Q Fiscal 2010 by JCN Newswires ASSET QUALITY INDEX The asset quality ratio derives from dividing noncurrent assets (minus property, plant and equipment) by total assets. Irrational ratios by Wells, Joseph T. / Journal of Accountancy 121 requires entities to consider whether noncurrent assets have been impaired and provides guidance in measuring impairment losses for both noncurrent assets held for sale and noncurrent assets held for use. Practical guidance in implementing SFAS No. 121: noncurrent asset ... by Ratcliffe, Thomas A.; Munter, Paul / The National Public Accountant			Nonboard Company Nonborrowed Reserves Nonbusiness Bad Debts Nonbusiness Expense Deduction Nonbusiness Income Noncallable Noncancellable Health Insurance Noncancellable Insurance Policy noncapital expenditures Noncash Charge Noncash Item noncategorical taking Noncity Delivery Nonclearing Member Noncommercial Trader Noncompete noncompetition clause Noncompetitive Bid Noncompetitive Tender Nonconcurrency nonconforming use Noncontributory Pension Plan Nonconvertible Currency Noncumulative Noncumulative Preferred Stock Noncurrent Asset Noncurrent Liability Noncustodial Parent Nondeductible Contribution Nondeductible Tax Nondeliverable Forward Contracts nondisclosure Nondiscretionary Trust Nondiscrimination Rule nondisturbance clause Nondiversifiability of Human Capital Nondiversifiable Risk Nondiversified Management Company Nondurable Goods Nonequity Option Nonessential Function Bond nonfeasance Nonfinancial Asset Nonfinancial Assets Nonfinancial Services Nonforfeiture Clause nonfreehold estates nonhomogeneic Noninsurance Risk Noninsured Plan Noninsured Plans			Noncoordinate geometry Noncoordinate geometry Noncoordinate geometry noncoplanar forces noncopulatory ovulation noncopulatory ovulation noncopulatory ovulation noncoring bit noncorroboration noncorrosive flux noncovalent bonds noncoverage noncredit noncriminal noncritical noncritical region Noncrossability noncrossing rule noncrucial noncrystalline Noncrystallographic Symmetry Noncumulative Noncumulative preferred stock Noncumulative preferred stock Noncumulative Preferred Stocks Noncupative Wills Noncupative Wills Noncupative Wills noncurrent noncurrent Noncurrent Asset Noncurrent assets Noncurrent assets Noncurrent Liabilities Noncurrent liability noncustodial Noncustodial Parent noncyclic noncyclic element Noncyclic Photophosphorylation Noncyclic Photophosphorylation noncyclic terrace noncyclical noncytocidal infection NOND Nonda nondairy nondas NONDC nondebatable Nondecane Nondeciduate nondeciduate placenta nondeciduate placenta nondeciduate placenta nondecisive nondeclarative memory Nondecreasing function nondeductible

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