capitalized expenditure
- A business cost related to acquiring or improving a capital asset that spreads out its deduction over a period of more than one year, instead of being treated as an immediate ordinary expense
- The purchase of new machinery was a capitalized expenditure, spread over its useful life.
- Their building renovation was classified as a capitalized expenditure, deducting costs over several years.
- Instead of immediate deduction as an ordinary expense, the company decided to treat the software development cost as a capitalized expenditure.
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