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fixed-asset

 

Definitions from the Web

fixed-asset

Definition: A fixed-asset refers to a long-term tangible asset that is used in the production of goods or services by a business, and is not expected to be converted into cash in the near future.

Sense 1: As a noun, fixed-asset refers to a physical, non-current asset owned by a company or organization, which includes property, plants, equipment, and vehicles used for business purposes.

Example sentence: The company decided to invest in new fixed-assets to expand their manufacturing capabilities.

Sense 2: As an adjective, fixed-asset describes something that is permanent, unmovable, or securely attached to a particular location.

Example sentence: The fixed-asset security cameras provided enhanced surveillance for the entire building.

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