The-definition.com

Definition

Capital items

Capital items are long-lasting goods that facilitate developing or managing the finished product. Capital items are industrial products that aid in the buyer’s production or operations, including installations and accessory equipment. Installations consist of major purchases such as buildings (factories, offices) and fixed equipment (generators, drill presses, large computer systems, elevators). Accessory equipment includes portable factory equipment and tools (hand tools, lift trucks) and office equipment (computers, fax machines, desks). They have a shorter life than installations and simply aid in the production process.

Share it:  Cite

More from this Section

  • SDSL (symmetric digital subscriber line)
    SDSL (symmetric digital subscriber line) is the one variation of DSL, in which the information ...
  • Marketing
    What is Marketing? - Marketing can be defined as the process by which companies create ...
  • E-business model
    E-business model is a method by which the organization sustains itself in the long term ...
  • Usenet
    Usenet is the worldwide network of thousands of computer systems with a decentralized ...
  • Conformance quality
    Conformance quality is the degree to which all produced units are identical and meet promised ...