Term:
Fixed assets – SNA
Definition:
Fixed assets are tangible or intangible assets produced as outputs from processes of production that are themselves used repeatedly or continuously in other processes of production for more than one year.
Domain:
Economics & National Accounts
Source:
SNA 10.33 [1.49, 10.7, 10.26, 13.15, (AN.11) – Annex to chapter XIII]
