Those assets of a permanent nature required for the normal conduct of a business, and which will not normally be converted into cash during the ensuring fiscal period. For example, furniture, fixtures, land, and buildings are all' FIXED ASSETS'. However, accounts receivable and inventory are not. Sometimes called PLANT.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). fixed assets. Retrieved September 22, 2026, from http://smartdefine.org/fixed_assets/definitions/1154114 |
| Chicago | Barry Goldsmith. 2010. "fixed assets" http://smartdefine.org/fixed_assets/definitions/1154114 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, fixed assets, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/fixed_assets/definitions/1154114>. |
| MLA | Barry Goldsmith. "fixed assets" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/fixed_assets/definitions/1154114> |