Financial Terms Glossary

Fixed Assets

Formal

Assets expected to be used by a business for a considerable length of time, eg vehicles, drilling rigs, IT equipment, land and buildings.

Informal

Old fashioned assets used in business on a long-term basis. They sit there - 'fixed' as they are needed all the time. They are effectively 'tied up' in the long-term structure of the business and aren't regularly traded, eg plant and equipment, buildings.

What we do

At Shark Finesse we have created business case software to help you win budget and change the way you talk to customers about business value.
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Basingstoke, Hampshire
RG24 8AG, UK