fixed asset

What’s more, the company this year has doled out $30 billion in capital spending — the amount it spends for property, equipment and other fixed assets — “a large part” of which has been directed at operations, Olsavsky said.

Growth depends far too much on fixed asset investment, notably in infrastructure and real estate construction.

Fixtures—A fixed asset represented by that part of the furniture not readily removable, such as gas and electric light fixtures.