Fixed or durable non-labour inputs or factors used in the production of goods and services, the value of such factors, or the money specifically allocated for their acquisition or development. Capital costs include, for example, the buildings, beds and equipment used in the provision of hospital services. Capital assets are usually thought of as permanent and durable, as distinguished from consumables, such as supplies.
The decline in value of capital assets (assets of a permanent or fixed nature, such as goods and plant) with use over time. The rate and amount of depreciation is calculated by a variety of different methods (e.g. straight line, sum of the digits, declining balance), which often give quite different results.... capital depreciation
Expenditure for the acquisition, replacement, modernization or expansion of facilities or equipment which, under generally accepted accounting principles, is not properly chargeable as an expense of operation and maintenance.... capital expenditure
The sum of the institution’s short-term or current assets, including cash, marketable (short-term) securities, accounts receivable and inventories. Net working capital is defined as the excess of total current assets over total current liabilities.... working capital
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