capital expenditure

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capital expenditure

n. payment by a business for basic assets such as property, fixtures, or machinery, but not for day-to-day operations such as payroll, inventory, maintenance and advertising. Capital expenditures supposedly increase the value of company assets and are usually intended to improve productivity.

References in periodicals archive ?
Railway companies, including subway companies based in the Tokyo metropolitan area, envision bolstering their combined capital outlays by 36.
The member noted that the Finance Ministry quarterly survey on companies attested that the profitability of companies have kept on rising in the April-June quarter and that electronics makers have revised upward forecasts on capital outlays for fiscal 2000.
Although real estate companies plan to slash capital outlays, the buoyant capital spending programs of electric power companies and leasing firms will more than offset the negative effects of the planned cutbacks in the real estate sector, it said.
Fiscal 2005's large 35% rate increase in the average water and wastewater residential bill will allow considerable pay-as-you-go capital outlays, totaling $25-$35 million per year.
In response to voters' feedback indicating a preference for pay-as-you-go capital outlays, the district soon developed a $7 million capital plan to build one elementary school and expand or renovate classrooms at existing campuses using current resources.
The remainder of the drawdown was for one-time capital outlays.
While the general fund budgeted a small shortfall in 2004 due to the 27th payroll expense and one-time capital outlays, Fitch anticipates that the increased property tax levies and continued spending restraint will produce balanced operating results.
The town's fiscal 2005 budget projects a modest general fund operating surplus despite a planned $15 million in pay-as-you-go capital outlays.

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