Assets, Plant, and Equipment (PP&E) Definition in Accounting
What Is Property, Plant, and Equipment (PP&E)? Property, plant, and equipment (PP&E) are long-term assets vital to business operations. Property, plant, and equipment are tangible assets, meaning they are physical in nature or can be touched; as a result, they are not easily converted into cash. The overall value of a company’s PP&E can range from very low