Meaning of “capital expenditure” in the English Dictionary

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"capital expenditure" in Business English

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capital expenditurenoun [ C or U ]

uk us 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” from the Cambridge Business English Dictionary © Cambridge University Press)