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Fixed assets
Assets acquired by a company that are not intended for immediate consumption, e.g. land, machinery, tools, equipment, furniture, etc. Also includes certain immaterial values (patents, licenses, processes) and permanent participations. Opposite: current assets.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Banking
- Category: Investment banking
- Company: UBS
- Product:
- Acronym-Abbreviation:
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