Capital equipment

Capital equipment,

Definition of Capital equipment:

  1. Items of considerable value and durability, other than real estate or software, that are used to provide a service or to make, market, keep or transport products. For example, U.S. accounting rules consider capital equipment that costs more than $5,000 and has an extended lifetime of over one year to be a fixed asset of a business.

  2. Equipment intended for continuing use by a business, organization, etc.; equipment identified as a capital asset.

Meaning of Capital equipment & Capital equipment Definition