CAPITAL EXPENDITURE • E-FREE TRANSLATION.COM • Definition of Capital expenditure

... of the other objections, it must be remembered that the extra expense is one of capital outlay alone, and therefore only increases the cost of the light by an inappreciable amount, representing interest and depreciation charges on the additional capital expenditure. The increased cost of a year's lighting due to these charges will amount to only 10 or 15 per cent, on the additional capital sunk. The extra capital sunk does not in any way increase the maintenance charges; and if, by having a large holder, ...

— Acetylene, The Principles Of Its Generation And Use • F. H. Leeds and W. J. Atkinson Butterfield