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 classic literature ?
While they were winking the workman disappeared, tools and all.
Particularly," said I, aloud (though to myself), "what should I have done without a gun, without ammunition, without any tools to make anything, or to work with, without clothes, bedding, a tent, or any manner of covering?
Bitter, bitter luck that the tools were ever brought there!
I can't abide to see men throw away their tools i' that way, the minute the clock begins to strike, as if they took no pleasure i' their work and was afraid o' doing a stroke too much.
The two Germans went away again, and after some reflection Bert removed several nuts, resumed his jacket and vest, pocketed those nuts and his tools and hid the set of tools from the second aeroplane in the fork of a tree.
And, when half an hour had been spent in tying up his finger, and a new glass had been got, and the tools, and the ladder, and the chair, and the candle had been brought, he would have another go, the whole family, including the girl and the charwoman, standing round in a semi-circle, ready to help.
He was a poor strolling musician, who, singing and working, had made his way through Italy; one of those busy Germans who fashion the tools of their own work, and make the instrument that they play upon.
Yes, he said, the tools which would teach men their own use would be beyond price.
But though they should be so, they are not sufficient for our purpose, without a good share of learning; for which I could again cite the authority of Horace, and of many others, if any was necessary to prove that tools are of no service to a workman, when they are not sharpened by art, or when he wants rules to direct him in his work, or hath no matter to work upon.
Presently I saw the young man again, with some tools in his hand, cross the field behind the cottage; and the girl was also busied, sometimes in the house and sometimes in the yard.
Wherever you go, they'll find as they've got a man among 'em) a man as knows his tools and as his tools knows, a man as is willing and a man as is able, and if that's not a man, where is a man
They had none of them any firearms or any other weapons but hatchets and other tools, except this third Englishman; he had one of my rusty cutlasses, with which he made at the two last Spaniards, and wounded them both.