Skip to main content
Return to homepage
  • Free Trial
  • Free Trial
  • Plans
    • Plans for Individuals
    • Plans for Teams
    • Plans for Clients
    • Plans for Enterprise
  • Solutions
    • Self Educators
    • Small Business
    • Industry Associations
    • Accounting Firms
    • Franchise Groups
    • Finance Brokers
    • Corporations
    • Business Schools
  • More
    • About
    • Features
    • Experts
    • Blog
    • Media
    • Press
    • Contact
  • Support
  • Login
    • Watch
    • Admin

Home Definitions

What is a Capital Asset? Definition or Meaning

Posted by Bizversity

Want to know what Capital Assets are? This includes the big things of value that you own, such as real estate, cars, stocks and even fancy art. For a business, a capital asset includes valuable items that are useful for longer than a year, and that are not intended for sale in the course of the business’s operation.

For example…

As a business, you may own equipment or property that can be used on a long term basis and which will not likely be sold while your business is in operation. The items you declare as capital assets must be of significant value. For example, a few office chairs should last you more than a year but they probably don’t fit the bill as noteworthy capital assets.

Bizversity
Bizversity

  • Facebook
  • YouTube
  • Twitter
  • LinkedIn
  • Instagram

Our Mission is to grow the people that move the world forward. Because business people change things. They learn, they create, they build, they disrupt. And when they do, they influence the people around them and the world becomes a better place. So if you are an entrepreneur, business leader, executive or startup, and you want to grow, welcome to Bizversity.

  • About
  • Blog
  • Features
  • Tutorials
  • Media
  • Press
  • Careers
  • Definitions
  • Questions
  • Support
  • Contact

Copyright © 2023 Bizversity
  • Privacy Policy
  • Disclaimer
  • Terms of Service
  • Website Terms of Use