Non Current asset
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Long-term asset
Long-term assets or noncurrent assets are those
assets
usually in service over one year such as
land
s and
buildings
,
plants
and
equipment
, and
long-term
investments
. These often receive favorable
tax
treatment over
current assets
. Tangible long-term assets are usually referred to as
fixed assets
.
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This article uses material from
Wikipedia
®
and is licensed under the
GNU Free Documentation License
Raynet Business | Marketing Dictionary
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Non Current asset
an asset which is not easily convertible to cash or not expected to become cash within the next year. Examples include fixed assets, leasehold improvements, and intangible assets; opposite of current asset.
Copyright © 2001,
Ray Wright
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