Capital Budget

Description and Definition of Capital Budget

The estimated amount planned to be expended for capital items in a given fiscal period. Capital items are fixed assets such as facilities and equipment, the cost of which is normally written off over a number of fiscal periods. Shows plans for buying long-term assets, machinery and other items expected to last several years, and estimates the costs of those purchases.

Resources

See Also

Further Reading

• Capital Budget in the West's Tax Law Dictionary
• Capital Budget in “A Dictionary of Taxation”