Fixed assets
Fixed assets are assets such as land, buildings, machinery or property used in operating a business that will not be consumed or converted into cash during the current accounting period.
Fixed assets relatively permanent assets that a firm expects to use for more than one year; also called plant assets.
Category: Banking & Finance
Previous: ← Factoring
Next: Fixed Rate →
More from this Section
- Chartered Life Underwriter (CLU)
Chartered Life Underwriter (CLU) is an individual who has attained a high degree of technical ... - Discount rate
Discount rate is the interest rate that the Federal Reserve changes banks on discount ... - Nominal effective exchange rate
Nominal effective exchange rate is the actual foreign exchange quotation, in contradistinction ... - Banks
Banks are a company that accepts deposits and issues new loans. It makes profit by charging ... - Guaranteed renewable
Guaranteed renewable means continuance provision of a health insurance policy under which ...