capital expenditure

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English

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Noun

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capital expenditure (countable and uncountable, plural capital expenditures)

  1. Funds spent by a company to acquire or upgrade a long-term asset.
    • 2022 March 23, Paul Clifton, “Network News: TfL in "managed decline" - network will be degrading...”, in RAIL, number 953, page 12:
      As passenger numbers rise, the transport authority believes it can return to self-funding daily running costs during 2023, but it said government support for major capital expenditure is essential to prevent further decline.

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