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Capital expenditure, or capex, are funds that are used to acquire or upgrade long term assets such as property, plant and equipment. Capex is often defined as investments in the future of a business. For tax purposes, capex can not be fully deducted in the year it is paid but must be capitalized and then amortized or depreciated over the life of the asset.
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Function | | Definition | An investment in the future of a business. | Examples | Property, Plant & EquipmentSoftwareVehicles | Related Concepts | |
Business Costs
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