Definition of Plant

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TeachMeFinance.com - explain Plant




historic definition...

Plant -- The permanent income-producing equipment of a company. For instance, the plant of a manufacturing company consists of its works, usually including the land upon which they stand. The plant of a telegraph or telephone company consists of its wires, instruments, etc. The plant of a gas company consists of its generating houses, tanks, mains and meters.



About the author

Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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