Capital Expenditure Definition and Legal Meaning

On this page, you'll find the legal definition and meaning of Capital Expenditure, written in plain English, along with examples of how it is used.

What is Capital Expenditure?

(n) Capital expenditure is the expenditure incurred by a business entity during its course of business wherein the benefits or results out of such expenditure extends for a long time or the benefits are used in the business instead of the item Eg. Constructing a road to the factory premises