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 ?
Finally, the rest of the equipment was successively debated in the same manner; and the result of the sitting was that the procurator's wife should give eight hundred livres in money, and should furnish the horse and the mule which should have the honor of carrying Porthos and Mousqueton to glory.
The mail coat, a spear, a shield, that I did not know how to use, a couple of /tollas/, a revolver, and a huge plume, which I pinned into the top of my shooting hat, in order to give a bloodthirsty finish to my appearance, completed my modest equipment.
And as Tarzan came nearer he saw the bleached skull and bones of a human being about which were remnants of clothing and articles of equipment that, as he examined them, filled the ape-man with curiosity to such an extent that for a time he forgot his own predicament in contemplation of the remarkable story suggested by these mute evidences of a tragedy of a time long past.