Money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment. Capital expenditure is also a long-term expenditure that the government has in plan rather than current expenditure which is the expenditure that the government is working on now and it is short term.
Money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment. Capital expenditure is also a long-term expenditure that the government has in plan rather than current expenditure which is the expenditure that the government is working on now and it is short term.