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 ?
Meralco said the capex being implemented ensures adequacy and addresses reliability, power quality and network resiliency matters while providing enhanced customer service.
But how reliable is capex growth as predictor of a stock's future returns?
Travellers International Hotel Group, owner and operator of Resorts World Manila (RWM), meanwhile, will account for another 15 percent of the group's five-year capex.
He stressed, "In this rapidly changing environment, it is imperative that we always be ahead of the curve and be unrelenting in our delivery of the best customer experience through our capex execution."
As a result, they called for more capital expenditure (CAPEX) window stressing that the DisCos are making huge investments in providing meters for their customers to cut down estimated billings.
Approval for installation of water treatment plant, roughing area and induction heater for BMR of bar mill project at a capex of Rs900 million has been also given by MISIL's board of directors.
7 ( ANI ): Amid growing air traffic, India would need to treble its airports capacity (terminal building capacity) at an estimated capital expenditure (CapEx) of Rs.
Dell'Oro Group has released findings of a study that reveals telco emphasis on wireline CAPEX in the first half of 2016 was not enough to offset declining wireless investments, the company said.
As per the initial bankable feasibility study, the capex for the project - comprising the construction of a sixth potline and fifth power station - was estimated at $3.5bn.
As per the initial Bankable Feasibility Study, the CAPEX for Line 6 Expansion Project - comprising the construction of a sixth pot line and Power Station 5 - was estimated at US$ 3.5 billion.
"A prolonged oil price downturn would likely precipitate material GCC capex downsizing and consolidation, in our view.