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Capital asset
Meaning
Noun
●
In 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.
●
In Finance:
An
asset
in the
sense
of
accounting
, but also including financial
asset
s such as
stocks
or bonds.
Sourced from
Wiktionary
Synonyms
Fixed Assets
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