A long-term, tangible asset held for business use and not expected to be converted to cash in the current or upcoming fiscal year, such as manufacturing equipment, real estate, and furniture. also called fixed asset.
Related information about plant, property, and equipment (PPE):
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 Sep 7, 2005 ... Plant, Property and Equipment (PPE). Land, buildings, im provem ents and fixed   equipm entthat appear in the U niversity's financialstatem ents.
 
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