Money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment: the past twelve months have seen cutbacks in capital expenditure by all ten water companies
More example sentences
- Cash flow from operations was $20.4b, but they spent $10.1b on capital expenditure and $4.4b on dividends.
- Capital expenditure such as new plant or IT investment should be re-evaluated to assess whether it can be deferred without any serious business disruption.
- Sales of wireless infrastructure are also expected to be lower due to a reduction in capital expenditure by the telecom companies.
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