Fixed Asset(redirected from Non-current asset)
Also found in: Dictionary, Financial.
Related to Non-current asset: Fixed assets, amortization, Pp&e, tangible assets, Property plant and equipment
Property, such as machinery or buildings, utilized in a business that will not be used or liquidated during the current fiscal period.
West's Encyclopedia of American Law, edition 2. Copyright 2008 The Gale Group, Inc. All rights reserved.