fixed asset
B1CEFR level
40/100Rarity: uncommon
TechnicalRegister
A long-term tangible asset that a business uses in its operations rather than selling as stock.
The building and the machinery are fixed assets, so they sit on the balance sheet and depreciate over time.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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