sign in
Forgot your password?
Want more? Register today for a trial. 7-day trial

An asset purchased for personal, investment, or business purposes. Most assets are considered by the Code to be capital assets, with the exception of business inventory, accounts receivable and notes arising out of business activities for services or inventory, artistic product in the hands of the artist, commodities, and hedges.

Synonyms: capital assets
Synonyms list (a comma-separated list)
capital assets