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English definition of “capital expenditure”

capital expenditure

noun [C or U]     ( abbreviation capex, also capital expense, also capital investment, also capital outlay)
ACCOUNTING, FINANCE, PRODUCTION money that a company spends on land , buildings , and equipment that it uses to produce products and provide services : Capital expenditure on property upgrades and refurbishments is expected to continue rising .
(Definition of capital expenditure noun from the Cambridge Business English Dictionary © Cambridge University Press)
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