capital improvement

capital improvement definition - business

capital improvement

Enhancement to property, plant, or equipment that improves productivity or increases the life. An addition to a factory or remodeling an office building is an example of a capital improvement. Capital improvements are depreciated rather than expensed for tax purposes.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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