Capital expenditure or capital expense (abbreviated capex, CAPEX, or CapEx) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment or land. It is considered a capital expenditure when funds are spent to purchase a new asset or to extend the useful life of existing assets, such as major structural repairs or upgrades.
Capital expenditure or capital expense (abbreviated capex, CAPEX, or CapEx) is the money an organization or corporate entity spends to buy, maintain, or improve its fixed assets, such as buildings, vehicles, equipment or land. It is considered a capital expenditure when funds are spent to purchase a new asset or to extend the useful life of existing assets, such as major structural repairs or upgrades.
Source: Wikipedia "Capital expenditure" · CC BY-SA 4.0
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