capital asset

capital asset (plural capital assets)

1. (accounting) An asset that is recorded on a balance sheet as capital - that is, property that creates more property, such as a factory that creates shoes, or a forest that yields a quantity of wood.
2. (finance) An asset in the sense of accounting, but also including financial assets such as stocks or bonds.

• “capital assets”, in Merriam-Webster Online Dictionary, Springfield, Mass.: Merriam-Webster, 1996–present.
• “capital assets”, in Cambridge English Dictionary, Cambridge, Cambridgeshire: Cambridge University Press, 1999–present.
• “capital assets” in Longman Dictionary of Contemporary English, Longman.
• “capital asset” (US) / “capital asset” (UK) in Macmillan English Dictionary.