CAPITAL ASSET Definition

Bookmark and Share

CAPITAL ASSET is a long-term asset that is not purchased or sold in the normal course of business. Generally, it includes fixed assets, e.g., land, buildings, furniture, equipment, fixtures and furniture.

Learn new Accounting Terms

 

FILENAME EXTENSION is a suffix to the name of a computer file applied to indicate the encoding convention (file format) of its contents, e.g. example.xls, to where the .xls indicates a Microsoft Excel file.

DEBT SERVICE RATIO is the measurement of debt payments to gross income.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.