Fixed capital

Rarity: Common

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At a glance

Class

Notion

Domain

Science and technology

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What Wikipedia says

In accounting, fixed capital is any kind of real, physical asset that is used repeatedly in the production of a product. In economics, fixed capital is a type of capital good that as a real, physical asset is used as a means of production which is durable or isn't fully consumed in a single time period.

Excerpt from the Wikipedia article “Fixed capital”, under the CC BY-SA 4.0 license. Read the article on Wikipedia