Property, Plant and Equipment (PP&E)
Tangible, long-lived assets that a company owns and uses in its operations, rather than simply holding them as an investment. This includes buildings, construction, facilities, machinery etc. and is reported on the balance sheet as acquisition cost less the accumulated depreciation.
Nearby TermsProperty rights Property tax Property, Plant and Equipment (PP&E) Proportional representation Proprietary trading
Copyright © 2011 Campbell R. Harvey, Professor of Finance, Fuqua School of Business at Duke University