Fixed asset


 

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Fixed asset

Long-lived property owned by a firm that is used by a firm in the production of its income. Tangible fixed assets include real estate, plant, and equipment. Intangible fixed assets include patents, trademarks, and customer recognition.



Fixed asset

Similar Matches

Fixed exchange rate

Fixed exchange rate

Usually synonymous with a pegged exchange rate. Although "fixed" seems to imply less likelihood of change, in practice countries seldom if ever achieve a truly fixed rate.


Stepped fixed rate mortgage

Stepped fixed rate mortgage

Where the interest is, for example, fixed at one level for one year and then a slightly higher level for two further years. This is not as common as finding stepped discounted mortgages.


Fixed dollar obligations

Fixed dollar obligations

Conventional bonds for which the coupon rate is set at a fixed percentage of the par value.


Fixed for floating swap

Fixed for floating swap

An interest rate swap in which the fixed rate payments are traded for a floating rate.


Fixed rate

Fixed rate

A traditional approach to determining the finance charge payable on an extension of credit. A predetermined and certain rate of interest is applied to the principal.


Further Suggestions

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