单词 | capital expenditure |
释义 | capital expenditure n: an amount paid out that creates a long-term benefit (as one lasting beyond the taxable year); esp: costs that are incurred in the acquisition or improvement of property (as capital assets) or that are otherwise chargeable to a capital account ◇ Capital expenditures are not deductible for income tax purposes. They are generally added to the property's basis. |
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