capital equipment
"Capital equipment" refers to long-term assets crucial for producing goods or services, often involving significant investment and a lifespan extending beyond one year.
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Definition
B2Business Operations
(general)Long-term physical assets used in business operations to produce goods or provide services.
Example
- The company invested in new capital equipment to increase production efficiency.
C1Accounting
(technical)Tangible assets with a significant acquisition cost and a useful life of more than one year, capitalized and depreciated over time.
Example
- Capital equipment is recorded on the balance sheet and depreciated over its useful life.
C1Finance
(technical)High-value items essential to a company's operations, expected to generate revenue over several years.
Example
- Investors scrutinize a company's capital equipment to assess its long-term financial health.
Similar
Terms that have similar or relatively close meanings to "capital equipment":