fixed asset

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Also found in: Legal, Financial.

fixed′ as′set


n.
a long-term asset, as a tract of land.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.
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References in periodicals archive ?
The Property and Equipment Policy (P & EP) Office has identified 18 actions to be completed by policy writers, process developers, and system owners in order to implement an auditable, transaction-based valuation methodology.
Sylvester is the deputy director for property and equipment policy within the Acquisition Resources and Analysis Office.

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