Meaning of “capital asset” in the English Dictionary

business-english dictionary

"capital asset" in Business English

See all translations

capital assetnoun [ C, usually plural ]

uk us also fixed asset, UK also chargeable asset

ACCOUNTING something, such as land, buildings, equipment, etc., which is owned by a company and which is used to produce income for the company:

The company's loans are secured by specific capital assets.

(Definition of “capital asset” from the Cambridge Business English Dictionary © Cambridge University Press)