Meaning of the word "capital assets" in English
What does "capital assets" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.
capital assets
US /ˈkæpɪtəl ˈæsɛts/
UK /ˈkæpɪtəl ˈæsɛts/
Plural Noun
significant assets such as property, plant, and equipment that a company owns and uses to generate income
Example:
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The company invested heavily in new machinery, which are considered capital assets.
•
Selling capital assets can have tax implications.
Related Word: