Term:
Capital expenditure
Definition:
Capital expenditure measures the value of purchases of fixed assets, i.e. those assets that are used repeatedly in production processes for more than a year. The value is at full cost price. Sales of fixed assets are not deducted
Domain:
Economics & National Accounts
Source:
Measuring the ICT Sector: Information Society, OECD, 2000, Data Item Definitions, Data Sources and Methodologies, page 151
