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Capital asset

From dKosopedia

An asset that is expected to be held by a business for a period longer than one year. A capital asset is not purchased for immediate sale but is purchased for the prospective revenue it will produce in the near and mid term futures.

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This page was last modified 19:54, 31 July 2006 by Chad Lupkes. Based on work by Alex. Content is available under the terms of the GNU Free Documentation License.

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