单词 | fixed investment |
释义 | fixed investment Investment in durable capital equipment, which is expected to last for a long period, and is written off over several years. This is contrasted with investment in stocks and work in progress, which is goods expected to be used up quickly, and not depreciated at all. Fixed investment is not necessarily geographically immobile: it includes goods vehicles and mobile equipment like cranes and earth-movers. |
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