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capital expenditure (CAPEX)
by 趙永祥 2015-04-23 11:44:59, Reply(0), Views(427)



 

 
Term of the Day

Date: Tuesday, April 21, 2015

capital expenditure (CAPEX)

An amount spent to acquire or upgrade productive assets (such as buildings, machinery and equipment, vehicles) in order to increase the capacity orefficiency of a company for more than one accounting period. Also calledcapital spending. 
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Usage Example
If you have to put up a big capital expenditure you must be sure that the profits will be big long term.