property, plant, and equipment
Definition
General balance sheet classification of non-current productive fixed assets, such as buildings, capital leases, computers, fixtures, furniture, land, leasehold improvements, machinery, vehicles. These assets have a useful life of more than one year and are shown at their book value (BV).
Mentioned in these definitions
Popular 'Accounting & Auditing' Terms
property, plant, and equipment in the news
Loading...
This content can be found on the following page:
http://www.businessdictionary.com/definition/property-plant-and-equipment.html
