by jasondonnellan October 08, 2011
*noun*; one of the factors of production. Fixed capital refers to physical objects used to produce goods or services. Examples include cash registers, drill presses or car jacks, and civil aircraft.
Pretty much anything can be used as fixed capital, provided it is used by the entrepreneur/firm to provide a service or produce something valuable. If the firm is a hotel, then pillows and vacuum cleaners are fixed capital; if it's a store, then the cash register, the shelves, and the mop are fixed capital.
Another form of business capital is circulating capital. This is called capital because it's a physical object used to produce value, but its purpose is to be sold or used up in production.
Pretty much anything can be used as fixed capital, provided it is used by the entrepreneur/firm to provide a service or produce something valuable. If the firm is a hotel, then pillows and vacuum cleaners are fixed capital; if it's a store, then the cash register, the shelves, and the mop are fixed capital.
Another form of business capital is circulating capital. This is called capital because it's a physical object used to produce value, but its purpose is to be sold or used up in production.
Some part of the capital of every master artificer or manufacturer must be fixed in the instruments of his trade...In other works a much greater fixed capital is required. In a great iron-work, for example, the furnace for melting the ore, the forge, the slitt-mill, are instruments of trade which cannot be erected without a very great expense.
Adam Smith, *The Wealth of Nations* (1776)
Adam Smith, *The Wealth of Nations* (1776)
by Abu Yahya March 03, 2009
Son: "Dad the playstations not working!!!!"
Dad: "Here let me have a look at that..... god damn thing won't... god what the fuck is wrong with this." (This is generally the part where the banging upon the object, or the throwing begins.)
Son: "Dad you're Man Fix broke my fucking playstation..."
Mom: "Told you so"
Dad: "Here let me have a look at that..... god damn thing won't... god what the fuck is wrong with this." (This is generally the part where the banging upon the object, or the throwing begins.)
Son: "Dad you're Man Fix broke my fucking playstation..."
Mom: "Told you so"
by 1118 September 22, 2009
"The TV's fixed, and i'm watching it."
by Haysoos Christ November 19, 2016
by Farvabeans January 13, 2010
Using a quick fix preferably sex or a fancy gadget to overcome a break up or heartache especially to get rid of that loser feeling that can ruin your weekend.
Jane: Si, that bastard dumped me again
Lee: and what you’re gonna do now?
Jane: Get a brazilian wax and dial my bitch fix!
Lee: and what you’re gonna do now?
Jane: Get a brazilian wax and dial my bitch fix!
by myetwin January 07, 2011
A corporate antonym related to Swedish game developer DICE, used to describe the process of fixing something but in essence not even trying to fix it, making the initial problem even worse, or breaking something else that's completely unrelated.
"I took my car to the Mercedes dealership and they DICE fixed it. I only went in to get the radio interference looked at, and now my car won't start"
by DJMaxSqueakHoopyDad April 14, 2014