Last modified on 18 June 2013, at 12:43

capital asset

EnglishEdit

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NounEdit

capital asset (plural capital assets)

  1. (accounting) An asset that is recorded on a balance sheet as capital - that is, property that creates more property, such as a factory that creates shoes, or a forest that yields a quantity of wood.
  2. (finance) An asset in the sense of accounting, but also including financial assets such as stocks or bonds.