capital expense

An expense made by a business to provide a long-term benefit; a capital expenditure.

• A capital expense is not deductible, but it can be used for depreciation or amortization. [Cases: Internal Revenue 3319. C.J.S. Internal Revenue §§ 33, 152, 271–273.]

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词条贡献者

法律翻译Glen，毕业于英国一流的高级翻译学院，专注翻译各类与交易架构和策略有关的法律文件。