Capital expense

Definition
: an expense made in a business that will provide a long-term benefit
: See also capital expenditure
Capital expenses are not tax deductible as business expenses but may be used for depreciation or amortization.



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Based on Merriam-Webster's Dictionary of Law ©2001.
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administrative law judge

an officer in a government agency with quasi-judicial functions including conducting hearings, making findings of fact, and making recommendations for resolution of disputes concerning the agency’s actions


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