equipment

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Equipment

Tangible assets that are peripheral to a company's operations but are nonetheless necessary. Equipment is generally moveable and may be more or less expensive than other equipment. Trucks to transport materials and toilet paper for customer bathrooms are both examples of equipment.

equipment

Fixed assets that are acquired as additions or supplements to more permanent assets. Equipment includes lighting fixtures in a building, for example. Equipment, unlike real estate, is generally moveable.

equipment

small items of capital such as a hand drill or screwdriver which are used to produce goods. See PLANT, MACHINERY, CAPITAL STOCK, FIXED ASSET.
References in periodicals archive ?
In practice, innovation will be found in all the different sectors of EQUIP AUTO.
We do not take Equip Supers decision for granted, and we will continue to develop and improve our offering to ensure we are able to meet the needs of our clients like Equip Super both now and into the future.
Photo: (1) Officers Abilio Lopez, left, and Arthur Lesmez work on a mock patient in a drill in San Fernando, which equips its police officers with defibrillators.