capital asset
A 'capital asset' refers to property or investments held for long-term economic benefits, often extending beyond one year, and can be both tangible and intangible.
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Definition
C1Finance
(technical)Property or investment held for long-term financial security, not easily converted into cash.
Example
- Stocks and bonds are considered capital assets for investors.
C1Accounting
(technical)An asset recorded on a balance sheet expected to provide economic benefits for more than one year.
Example
- The company's capital assets include its office buildings and manufacturing equipment.
Similar
Terms that have similar or relatively close meanings to "capital asset":
capital equipmentcapital accountpersonal capitalqualified propertycapital gaincapital loss