Capital Expenditures
Capital expenditures refer to the funds used by a company to acquire, upgrade, or maintain physical assets such as property, buildings, equipment, or infrastructure. These expenditures are typically large investments that are intended to improve the long-term efficiency or capacity of the business. Capital expenditures are distinguished from operating expenses, which are incurred in the day-to-day operations of the business. These investments are essential for the growth and sustainability of the company's operations and are generally depreciated over time to reflect their long-term value.