capital expenditure

capital expenditure (countable and uncountable, plural capital expenditures)

1. Funds spent by a company to acquire or upgrade a long-term asset.

   Synonyms: capital expense, (initialism) CAPEX

   Coordinate terms: operating expenditure, (initialism) OPEX

   • 2022 March 23, Paul Clifton, “Network News: TfL in "managed decline" - network will be degrading...”, in RAIL, number 953, page 12:

     As passenger numbers rise, the transport authority believes it can return to self-funding daily running costs during 2023, but it said government support for major capital expenditure is essential to prevent further decline.

   • 2025 June 14, “Meta invests $15bn in scale AI as it builds ‘superintelligence’ team”, in FT Weekend, Companies & Markets, page 12:

     Meta has invested heavily in generative AI, with the majority of its planned $72bn in capital expenditure this year earmarked for data centres and servers.

• “capital expenditure”, in Lexico, Dictionary.com; Oxford University Press, 2019–2022.