capital assets
Long-term business property
Capital assets are property held for long-term use or investment rather than sale in the ordinary course of business.
In accounting, these include land, buildings, equipment, and machinery—items that generate value over time: The company's capital assets include three manufacturing plants.
In tax contexts, capital assets also include investments like stocks and bonds, whose sale may trigger capital gains or losses.
- resourceAvailable stock or supply
- buildingsConstructed enclosed structures
- investmentDeploying capital for returns
- landEarth's solid surface
- propertySomething owned or inherent
wear and tear · amortization · tax write-off · book value · fair market value · equity · salvage value · holding · equipment · useful life · machinery · tax liability · long-term investment · property valuation · financial reporting · balance sheet · net worth · possession
- public financepublic debt, budget deficit, tax revenue, budgets, expenditure
- Asset Valuationbook value, fair value, fair market value, market value, appraised value
- depreciationdepreciation, straight line, straight-line, vehicle depreciation, accelerated
capital assetscurrent assets
Resources convertible within a year
liquid assets · cash · accounts receivable · inventory · money market funds
capital assetsraw materials
Unprocessed production inputs
consumables · inventory · operating expenses · stock-in-trade · work-in-progress
capital, assets, asset, capitals, capitalism, capitalist, capitalists, capitalize, capitalized