Definition: Certain property held by a taxpayer, not including inventory for sale to customers.
Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈa-ˌset also -sət\
Used in a Sentence: The manufacturing facility had a large number of capital assets.
Definition: Certain property held by a taxpayer, not including inventory for sale to customers.
Pronunciation: \ˈka-pə-təl, ˈkap-təl\ \ˈa-ˌset also -sət\
Used in a Sentence: The manufacturing facility had a large number of capital assets.