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A plant asset; also called property, plant, and equipment; is a long-term fixed asset that is used to produce or sell products and services for the company. These assets are tangible in nature and are expected to produce benefits for more than one year.
Definition: A plant asset; also called property, plant, and equipment; is a long-term fixed asset that is used to produce or sell products and services for the company. These assets are tangible in nature and are expected to produce benefits for more than one year. What Does Plant Asset Mean...
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Seed Capital
The term seed capital refers to the type of financing used in the formation of a startup. Funding is provided by private investors—usually in exchange for an equity stake in the company or for a share in the profits of a product. Much of the seed capital a company raises may come from sources close to its founders including family, friends, and other acquaintances. Obtaining seed capital is the first of four funding stages required for a startup to become an established business.
Seed capital is the money raised to begin developing a business or a new product. It might cover only the essentials such as a business plan and operating expenses.