Meaning of the word "fixed assets" in English
What does "fixed assets" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
fixed assets
US /ˌfɪkst ˈæs.ets/
UK /ˌfɪkst ˈæs.ets/
Plural Noun
1.
assets of a company that are not easily converted into cash, such as property, plant, and equipment
Example:
•
The company's balance sheet showed significant fixed assets, including buildings and machinery.
•
Investing in fixed assets requires careful financial planning.
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