Topic Areas

Capital assets

Definition:

Property and equipment which is not easily converted into cash and usually held for a long period

Example Sentences

You must not be careless about the capital assets.

Capital assets are necessary to start a business.

Key Phrases
Subject to collection
Official discount rate
Outstanding credits
On receipt of the order
Merchant bank
Account activity
Administrative expenses
Interest rate
limited liability company
Capital assets
Liquid assets
Fixed costs
Deferred payments
Accrued liability
Amortization
Act on behalf of
Enterprise
Cash flow
Accrued revenue
Protest a bill

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