What is capital expenditure?

Capital expenditure describes purchases that are classified as assets because of the long-term nature of their useful life. An important marker of business growth, CapEx has a significant impact on both short-term and long-term financial health.

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Naomi Levenspil

by Naomi Levenspil

A CPA by trade, but a writer at heart, Naomi Levenspil jumps at the chance to exercise the right side of her brain. W...

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Updated on: December 4, 2023 · 3 min read


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This article is for informational purposes. This content is not legal advice, it is the expression of the author and has not been evaluated by LegalZoom for accuracy or changes in the law.

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