Fixed capital is a concept in economics and accounting, first theoretically analyzed in some depth by the economist David Ricardo. It refers to any kind of real or physical capital (fixed asset) that is not used up in the production of a product. It contrasts with circulating capital such as raw materials, operating expenses and the like. So fixed... Found on http://en.wikipedia.org/wiki/Fixed_capital
capital goods, as machinery and tools, that are relatively durable and can be used repeatedly in the production of goods. Cf. circulating capital. Found on https://www.infoplease.com/dictionary/fixed-capital