Related Words

Equipment Leases: Leases allowing companies to purchase new equipment.

Property Plant And Equipment Turnover: A measure of how well property, plant, and equipment are being utilized in generating a period's sales: computed by dividing net sales by average property, plant and equipment.

Personal Protective Equipment: Clothing and other work accessories (i.e., safety glasses, hearing protection, etc.) designed to create a barrier against potential workplace hazards.

Property Plant And Equipment: Tangible, long-lived assets acquired for use in business operations: includes land, buildings, machinery, equipment, and furniture.

Property, Plant And Equipment (PP and E): Assets used in the operations of a business that have a useful life greater than one year, including land, buildings, machinery, equipment, and furniture. Also known as fixed assets. See als . . . View Full Definition

Used Equipment: Purchasing used equipment must be done with great care, especially in the case of speakers. An inspection of a speaker's voice coil would certainly reveal if it had been severly burned by ex . . . View Full Definition

Service Equipment: Main control gear at the service entrance, such as circuit breakers, switches, and fuses.

Original Equipment Manufacturer (OEM): Any manufacturer that sells its product to a reseller. Most often refers to the original manufacturer of a device or component, but certain products licensed as OEM, like Windows operating s . . . View Full Definition

International Mobile Equipment Identifier (IMEI): A unique 15-digit number that serves as the serial number of the GSM handset. The IMEI appears on the label located on the back of the phone. The IMEI is automatically transmitted by the pho . . . View Full Definition

Distance Measuring Equipment (DME): A radio navigation device that determines an aircraft's distance from a given ground station, as well as its groundspeed and time to/from the station.