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Definitions from the Web

Capital Items

Description:

Capital items, also known as capital goods, refer to long-term assets used by businesses to produce goods or provide services. They are durable resources that contribute to the company's production capabilities and are not consumed in the production process.

Sample Sentences:

• Our company invested in new capital items to upgrade its manufacturing capabilities.
• Capital items play a significant role in enhancing efficiency and productivity in industries.
• High-quality machinery and equipment are considered essential capital items in most manufacturing plants.
• Accountants categorize capital items as long-term assets on the balance sheet.

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