Financial Term Of The Day-”CAPEX”

Posted on June 17, 2008
Filed Under Series - Financial Term Of The Day! |

  CAPEX (Capital Expenditure): 

Funds used by a company to acquire or upgrade physical assets such as property, industrial buildings or equipment. This type of outlay is made by companies to maintain or increase the scope of their operations. These expenditures can include everything from repairing a roof to building a brand new factory. The amount of capital expenditures a company is likely to have depends on the industry it occupies. Some of the most capital intensive industries include oil, telecom and utilities.

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