- capital liability
- n. obligation designed to purchase fixed assets, obligation used to finance a specific project
English contemporary dictionary. 2014.
capital liability
Look at other dictionaries:
capital liability — UK US noun [C] ► ACCOUNTING, PROPERTY a loan that is used to buy land, buildings, equipment, etc., or to pay for a particular project: »A payment made by a person to discharge a capital liability is a capital expenditure … Financial and business terms
capital liability — noun 1. : the capital stock of a company representing the ownership interest for which the company is answerable to its stockholders even though a debtor and creditor relationship does not exist 2. : a fixed liability (as a bond or mortgage)… … Useful english dictionary
liability — /luy euh bil i tee/, n., pl. liabilities. 1. liabilities, a. moneys owed; debts or pecuniary obligations (opposed to assets). b. Accounting. liabilities as detailed on a balance sheet, esp. in relation to assets and capital. 2. something… … Universalium
Capital gains tax in Australia — Capital Gains Tax (CGT) in Australia applies to the capital gain made on disposal of any asset, except for specific exemptions. The most significant exemption is the family home. Rollover provisions apply to some disposals, one of the most… … Wikipedia
capital stock — see stock Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. capital stock … Law dictionary
capital contribution — n: a contribution of funds or property to the capital of a business by a partner, owner, or shareholder ◇ Under the Internal Revenue Code, a capital contribution is generally excluded from a company s gross income, unless it is a loan from a… … Law dictionary
Capital asset — has two related meanings in the fields of accounting and financial economics. In accounting, a capital asset is an asset that is recorded on a balance sheet as capital that is, property that creates more property, e.g. a factory that creates… … Wikipedia
Capital expenditure — Capital expenditures (CAPEX or capex) are expenditures creating future benefits. A capital expenditure is incurred when a business spends money either to buy fixed assets or to add to the value of an existing fixed asset with a useful life that… … Wikipedia
capital lease — capital lease, capitalized lease See lease. capitalized lease Lease obligations that must be capitalized under GAAP; the unpaid future lease payments due under the terms of the lease must be shown as a liability on the firm s balance sheet. As a… … Financial and business terms
capital lease — USA Functionally a financing transaction (an asset is acquired and a liability is incurred). A lease is a capital lease under GAAP if the characteristics of ownership passes from the lessor to the lessee or the lessee is compelled to purchase the … Law dictionary
