permanent asset
[/ˈpɜːrmənənt ˈæset/]
nounpl: permanent assets
ativo permanente
1. A long-term asset on a company's balance sheet that is expected to provide value for more than one year, including fixed assets such as property, plant, equipment, and intangible assets
The company's permanent assets include real estate, machinery, and patents worth millions of dollars.
Os ativos permanentes da empresa incluem imóveis, máquinas e patentes no valor de milhões de dólares.
2. In accounting, assets that are not intended for sale and contribute to long-term operations and value creation
Permanent assets are depreciated over their useful life to reflect their declining value.
Os ativos permanentes são depreciados ao longo de sua vida útil para refletir seu valor decrescente.
The term 'permanent asset' (ativo permanente) is fundamental in Brazilian accounting practices, particularly in financial statements and tax reporting. In Portugal, 'ativo fixo' is the preferred term. This distinction is important for international business and accounting professionals working across Portuguese-speaking regions.
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