Equipment
/ɪˈkwɪpmənt/
Definitions
- (n.) Tangible property used in the operation of a business or activity, excluding inventory or real property.
The factory upgraded its equipment to increase production efficiency.
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Commentary
Typically treated as a mass noun without a plural form; refers broadly to the physical items necessary for a particular purpose.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.