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

译者Clara，毕业于国内知名法学院，擅长翻译各种与衍生工具相关的法律文件。