Capital Expenditure

Capital Expenditure

Capital expenditures (CAPEX or capex) are expenditures creating future benefits. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life extending beyond the taxable year.

Read more about Capital Expenditure:  Usage, Accounting Rules

Famous quotes containing the words capital and/or expenditure:

    “A good many have been thrown out on their broad capital bases.”
    —John Dos Passos (1896–1970)

    “The bread-winner must toil as in the fruitless effort of a troubled dream while the expenditure of an uneducated wife discounts the income in the lack of understanding to discern the broad possibilities of an intelligent economy.”
    —Anna Eugenia Morgan (1845–1909)