Topic Areas

Capital assets

Definition:

Property and equipment which is not easily converted into cash and usually held for a long period

Example Sentences

You must not be careless about the capital assets.

Capital assets are necessary to start a business.

Key Phrases
Always at your service
Adjustable rate preferred stock
Additional collateral
Amortization
Interest rate
Withholding tax
Appraisal
Safety deposit box
Accrued liability
On receipt of the order
limited liability company
Majority interest
Added value
Official discount rate
Owner’s equity
Base rate
Appreciation
Account activity
Long-term financing
Capital assets

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