Capital Asset definition: Copy, customize, and use instantly
Introduction
The term "Capital Asset" refers to a long-term asset held by an individual or entity, typically for investment or operational purposes. It is essential for determining tax treatment, financial reporting, and asset management in contractual agreements.
Below are various examples of how "Capital Asset" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Capital Asset" as property for investment purposes
This definition ties "Capital Asset" to investments such as real estate or securities.
"Capital Asset" means any property held by a person or entity for investment purposes, including but not limited to real estate, stocks, and bonds.
Definition of "Capital Asset" as business-use property
This definition connects "Capital Asset" to assets used in business operations.
"Capital Asset" refers to tangible or intangible property acquired for use in business operations, excluding inventory and short-term assets.
Definition of "Capital Asset" as depreciable property
This definition links "Capital Asset" to assets subject to depreciation.
"Capital Asset" means property subject to depreciation or amortization, held for use in trade, business, or investment.
Definition of "Capital Asset" as per tax regulations
This definition applies "Capital Asset" to tax compliance.
"Capital Asset" refers to any asset classified as such under applicable tax regulations, determining capital gains or losses.
Definition of "Capital Asset" as financial instruments
This definition includes "Capital Asset" in the scope of financial assets.
"Capital Asset" means any equity, debt instrument, or financial security held for investment purposes.
Definition of "Capital Asset" as long-term asset
This definition classifies "Capital Asset" as an asset held beyond one year.
"Capital Asset" refers to any asset held for a period exceeding one year and used for business or investment purposes.
Definition of "Capital Asset" as government assets
This definition applies "Capital Asset" in the context of government accounting.
"Capital Asset" means any infrastructure, property, or long-term resource controlled by a government entity.
Definition of "Capital Asset" as real property
This definition connects "Capital Asset" to land and buildings.
"Capital Asset" refers to real property, including land and buildings, held for business or investment.
Definition of "Capital Asset" as intellectual property
This definition includes patents, trademarks, and copyrights.
"Capital Asset" means any form of intellectual property, including patents, copyrights, trademarks, and trade secrets, held for business use.
Definition of "Capital Asset" as fixed assets
This definition focuses on physical, long-term assets.
"Capital Asset" refers to tangible, fixed property, including machinery, buildings, and equipment, used in business operations.
Definition of "Capital Asset" as intangible assets
This definition addresses non-physical assets.
"Capital Asset" means any non-physical property with long-term value, including brand recognition, goodwill, and licenses.
Definition of "Capital Asset" as part of mergers and acquisitions
This definition links "Capital Asset" to corporate transactions.
"Capital Asset" refers to any property or right transferred as part of a merger, acquisition, or corporate restructuring.
Definition of "Capital Asset" as leased assets
This definition applies to leased property.
"Capital Asset" means any leased asset that meets the criteria for capitalization under accounting standards.
Definition of "Capital Asset" as a resource in financial planning
This definition connects "Capital Asset" to wealth management.
"Capital Asset" refers to any long-term resource factored into financial planning, estate management, or asset allocation strategies.
Definition of "Capital Asset" as per GAAP
This definition applies accounting principles.
"Capital Asset" means any long-term asset recognized under Generally Accepted Accounting Principles (GAAP).
Definition of "Capital Asset" as construction-in-progress assets
This definition includes incomplete projects.
"Capital Asset" refers to assets under construction that will become fixed or operational assets upon completion.
Definition of "Capital Asset" as land development property
This definition applies to land improvements.
"Capital Asset" means land and any improvements made for business, industrial, or residential use.
Definition of "Capital Asset" as an asset under capital lease
This definition focuses on leased property classified as an asset.
"Capital Asset" refers to any asset classified under a capital lease arrangement for financial reporting purposes.
Definition of "Capital Asset" as an investment portfolio component
This definition includes stocks, bonds, and managed funds.
"Capital Asset" means any security, bond, or investment vehicle forming part of an investment portfolio.
Definition of "Capital Asset" as part of estate planning
This definition includes assets subject to inheritance laws.
"Capital Asset" refers to any property included in estate planning, subject to inheritance and taxation.
Definition of "Capital Asset" as surplus government property
This definition applies to government asset disposal.
"Capital Asset" means any long-term asset classified as surplus and subject to government disposal policies.
Definition of "Capital Asset" as tangible business property
This definition applies to manufacturing and operational assets.
"Capital Asset" refers to tangible assets used in business, including vehicles, machinery, and production equipment.
Definition of "Capital Asset" as tax-deductible property
This definition considers tax deductions.
"Capital Asset" means any asset eligible for capital cost allowance or depreciation deductions.
Definition of "Capital Asset" as long-term financial reserves
This definition applies to financial holdings.
"Capital Asset" refers to financial reserves or investments designated for long-term business stability.
Definition of "Capital Asset" as property subject to capital gains
This definition relates to taxation.
"Capital Asset" means any property subject to capital gains tax upon sale or transfer.
Definition of "Capital Asset" as an amortizable resource
This definition includes intangible assets.
"Capital Asset" refers to any amortizable intangible property, including licenses and franchises.
Definition of "Capital Asset" as property held for economic development
This definition applies to government-owned development land.
"Capital Asset" means land and resources allocated for economic growth initiatives.
Definition of "Capital Asset" as an enterprise resource
This definition applies to business growth.
"Capital Asset" refers to any resource used for enterprise expansion and sustainability.
Definition of "Capital Asset" as an operational asset
This definition includes core business assets.
"Capital Asset" means any property essential for daily business functions.
Definition of "Capital Asset" as securitized property
This definition applies to financial collateral.
"Capital Asset" refers to any property used as collateral in secured transactions.
Definition of "Capital Asset" as a long-term business investment
This definition includes major corporate investments.
"Capital Asset" means any investment held for long-term business growth and financial returns.
Definition of "Capital Asset" as per IFRS
This definition applies to international accounting rules.
"Capital Asset" means any long-term asset recognized under International Financial Reporting Standards (IFRS).
Definition of "Capital Asset" as government-funded infrastructure
This definition applies to public works projects.
"Capital Asset" refers to infrastructure assets financed by government funds.
Definition of "Capital Asset" as classified by corporate policy
This definition follows internal corporate classifications.
"Capital Asset" means any asset designated as such under corporate asset management policies.
Definition of "Capital Asset" as renewable energy infrastructure
This definition applies to energy assets.
"Capital Asset" refers to renewable energy installations, including solar farms and wind turbines.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.