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Fixed Asset

Definition: Permanent, long-term, and tangible asset held for business use. Real estate and manufacturing equipment are examples. See Capital Asset. Definition: [crh] Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include Definition: F="/?rd=real+estate">real estate, plant, and equipment. Intangible fixed assets include patents, Definition: HREF="/?rd=trademarks">trademarks, and customer recognition.

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