1.
fixed assets; real property; immovable property
Long-term tangible assets such as land, buildings, and equipment that are not easily converted to cash. In Japanese tax law, also refers specifically to the property subject to fixed asset tax.
固定資産税を毎年払っている。
I pay property tax every year.
会社の固定資産には土地と建物が含まれる。
The company's fixed assets include land and buildings.
固定資産の評価額は三年ごとに見直される。
The assessed value of fixed assets is reviewed every three years.
USAGE:
Most commonly encountered in the context of 固定資産税 (fixed asset tax / property tax), which is paid by owners of land, buildings, and depreciable assets. This tax is assessed by municipal governments.
COMMON COLLOCATIONS:
- 固定資産税 (property tax / fixed asset tax)
- 固定資産の評価 (assessment of fixed assets)
- 固定資産台帳 (fixed asset register)
SIMILAR WORDS:
- 不動産: real estate — a broader everyday term for property
- 流動資産: current assets — the opposite, short-term liquid assets