See capital expenditure; an outlay of capital for the purchase or improvement of a capital asset.
Related Legal Terms & Definitions
- CAPITAL EXPENDITURE The cost or payment of money which a business makes in the acquisition of a…
- FLOATING CAPITAL (or circulating capital.) The capital which is consumed at each operation of production and reappears…
- CAPITAL GAINS TAX When a fixed asset is sold at a profit the profit may be liable to…
- CAPITAL GAINS This refers to the profit that is made on the sale of a capital asset…
- FIXED ASSET Long term property of a tangible nature (such as a large machine, building, manufacturing plant)…
- FONDS PERDUS In French law. A capital is said to be invested a fonds perdus when it…
- ACCUMULATIONS When an executor or other trustee masses the rents, dividends, and other income which he…
- CAPITAL CRIME One for the punishment of which death is inflicted, which punishment is called capital punishment.…