1. To convert (earnings) into capital.
2. To treat (a cost) as a capital expenditure rather than an ordinary and necessary expense.
3. To determine the present value of (long-term income).
4. To supply capital for (a business).
1. To convert (earnings) into capital.
2. To treat (a cost) as a capital expenditure rather than an ordinary and necessary expense.
3. To determine the present value of (long-term income).
4. To supply capital for (a business).