The term rolling stock in the rail transport industry refers to railway vehicles, including both powered and unpowered vehicles: for example, locomotives, freight and passenger cars (or coaches), and non-revenue cars. Passenger vehicles can be un-powered, or self-propelled, single or multiple units. A connected series of railway vehicles is a train (this term applied to a locomotive is a common misnomer).
The word stock in the term is used in a sense of inventory. Rolling stock is considered to be a liquid asset, or close to it, since the value of the vehicle can be readily estimated and then shipped to the buyer without much cost or delay. The term contrasts with fixed stock (infrastructure), which is a collective term for the track, signals, stations, other buildings, electric wires, etc., necessary to operate a railway.
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- "Definition from the American Heritage Dictionary". Archived from the original on 2009-02-22.
- McAuliffe, Des (1999). "The Snowtown to Port Pirie line". Proceedings of the 1999 convention. Modelling the Railways of South Australia. Adelaide.
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- Illinois Department of Revenue. "RUT-7: Rolling Stock Certification" (PDF). Retrieved January 27, 2017.
- "Michigan's Rolling Stock Exemption". TaxRates. Avalara. Retrieved January 27, 2017.
- Finger, Matthias; Bert, Nadia; Kupfer, David, eds. (2014). "Rail infrastructure and rolling stock: investments, asset renewal and regulation" (PDF). European University Institute, Florence School of Regulation. pp. 8–9.
- Wijnia, Y.; de Croon, J.; Liyanage, J.P. (2014). "36: Application of a Unified Reference Model Across Asset Types: Comparative Cases". In Lee, Jay; Ni, Jun; Sarangapani, Jagnathan; Mathew, Joseph (eds.). Engineering Asset Management 2011: Proceedings of the Sixth World Congress on Engineering Asset Management. London: Springer. pp. 416–417. ISBN 978-1-4471-4993-4. ISSN 2195-4356. LCCN 2013934026 – via Google Books.
Media related to rail vehicles at Wikimedia Commons
- The dictionary definition of rolling stock at Wiktionary