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.]

---

词条贡献者

资深译员Gilbert，国际知名法学院法律翻译专业，擅长翻译各类与复杂知识产权诉讼相关的法律文件。