释义 |
fixed capitalˌfixed ˈcapital noun [uncountable] technical - I shall also argue that crises have a material basis, which relates to the periodic replacement and expansion of fixed capital.
- The majority of investment expenditure is on fixed capital formation rather than inventories and it is to this that we now turn.
- The reason for this is that the renewal of fixed capital is normally to maintain existing production levels.
- Thus the mere replacement of fixed capital can lead to an increase in the overall level of economic activity.
buildings or machines that a business owns and that can be used for a long time to produce goods |