PLANT
Assets that are combined with others and that may include items that form part of industrial infrastructure, utilities, building services installations, specialized buildings, and machinery and equipment forming a dedicated assemblage and dedicated assemblages of machinery and equipment.
MACHINERY
Individual, or a collection or a fleet or system of, configured machines/technology (including mobile assets such as vehicles, rail, shipping and aircraft) that may be employed, installed or remotely operated in connection with a user’s industrial or commercial processes, trade or business sector (a machine is an apparatus used for a specific process).
EQUIPMENT
An all-encompassing term for other assets such as sundry machinery, tooling, fixtures, furniture and furnishings, trade fixtures and fittings, sundry equipment and technology and loose tools that are used to assist the operation of the enterprise or entity
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