|Category||:||Business » Accounting|
What does CapEx mean?
Capital Expenditure (CapEx) or Capital Expense, is the fund an organization or a company spends to buy, maintain, or improve its physical assets, such as buildings, vehicles, equipment, or land.
CapEx is the expense makes towards the purchase or the improvement of long-term assets such as property, plant, and equipment.
Long-term assets are assets that have a useful life of one year or more.
Frequently Asked Questions (FAQ)
What is the full form of CapEx?
The full form of CapEx is Capital Expenditure(s)