Meaning of capital expenditure | Babel Free

Definitions

Funds spent by a company to acquire or upgrade a long-term asset.

countable, uncountable

Equivalents

Examples

“As passenger numbers rise, the transport authority believes it can return to self-funding daily running costs during 2023, but it said government support for major capital expenditure is essential to prevent further decline.”

“Meta has invested heavily in generative AI, with the majority of its planned $72bn in capital expenditure this year earmarked for data centres and servers.”

CEFR level