a state of intoxiacation, where both verbal and mechanical skills are impaired but not limited to speech, typing and spelling.
rob: hey come down to the bar.
tony: cant make it bro i've been brewing all day and now i'm too shit faxed to be driving...
tony: cant make it bro i've been brewing all day and now i'm too shit faxed to be driving...
by Orbit, Chunkz, Crazy Legs January 13, 2010
Get the shit faxed mug."Yeah, Saturday night we got some hydro from this wierd old hippe dude... man, it got us stuckin foned!!"
by buzzsaw February 20, 2004
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by jasondonnellan October 8, 2011
Get the howya fixed mug.*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 3, 2009
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by Haysoos Christ November 18, 2016
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by Fox McCloud February 20, 2003
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