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Fixed Asset |
Also found in: Financial, Wikipedia, Hutchinson | 0.04 sec. |
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Property, such as machinery or buildings, utilized in a business that will not be used or liquidated during the current fiscal period. |
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? References in periodicals archive |
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23, Eliminating the Category National Defense Property, Plant and Equipment. nbsp;would provide guidance on accounting for certain costs and activities related to property, plant and equipment (PP&E) in financial statements prepared in conformity with generally accepted accounting principles. Recognition of property, plant and equipment (PP&E) used in providing general government goods and services as an asset on the balance sheet. |
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