Capital expenditure

noun

noun ·Rare ·Advanced level

Definitions

Noun
  1. 1
    Funds spent by a company to acquire or upgrade a long-term asset. countable, uncountable

    "As passenger numbers rise, the transport authority believes it can return to self-funding daily running costs during 2023, but it said government support for major capital expenditure is essential to prevent further decline."

  2. 2
    the cost of long-term improvements wordnet

Synonyms

All synonyms
investment in physical capitaloutlay

Example

More examples

"As passenger numbers rise, the transport authority believes it can return to self-funding daily running costs during 2023, but it said government support for major capital expenditure is essential to prevent further decline."

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