What is the definition of Fixed asset? | Dictionary.net

FIXED ASSET

\fˈɪkst ˈasɛt], \fˈɪkst ˈasɛt], \f_ˈɪ_k_s_t ˈa_s_ɛ_t]\

Definitions of FIXED ASSET

1910 - Black's Law Dictionary (2nd edition)

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An asset that is not sold in normal business. It can be land, property, equipment, vehicles, improvements and other items are not normal business issues.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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