Fixed Asset

(redirected from Property, plant and equipment)
Also found in: Dictionary, Financial.

Fixed Asset

Property, such as machinery or buildings, utilized in a business that will not be used or liquidated during the current fiscal period.

References in periodicals archive ?
The financial statements or footnotes should provide certain information in relation to property, plant and equipment.
of Oklahoma City, will acquire Schmitt's assets or partnership interests in up to 14 partnership stores, franchisor interests in up to 15 franchise stores and up to four corporate stores; related inventory, property, plant, equipment and leasehold interests at selected stores; three parcels of property; contract rights and general intangibles, including the "Bells" trademark; and wholesale inventory, property, plant and equipment.
Expenditures for property, plant and equipment (net) 1,212 1,738 2,392 1,957 1,348 (30)