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

OBLIGATION, in business, is a legal duty to pay or do something.

STANDARD RATE AND DATA SERVICE (SRDS), in advertising, is a company that produces a directory for each different type of media; normally listing: rates, circulation, contacts, markets serviced, etc.

Suggest a Term

Enter Search Term

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