fixed capital

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fixed capital

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fixed capital (uncountable)

(economics) Any kind of real, physical asset that is used in the operation of a business but which is not consumed by that use.
- 2012, Keith O. Fuglie, V. Eldon Ball, Sun Ling Wang, Productivity Growth in Agriculture:
  Turning to the between regressions, the elasticity on fixed capital is particularly high (0.63) in the between-time […] The between-time estimate of capital of agricultural origin is significantly positive, though more modest in value (0.25).

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