investing

Capital asset

Capital asset - Definition A tangible asset that is held for a Long period of time, not normally bought or sold, and cannot easily be converted into cash. It refers to any asset used to make money, as opposed to assets used for personal enjoyment or consumption. In governmental A

What is Capital asset?

Capital asset - Definition A tangible asset that is held for a Long period of time, not normally bought or sold, and cannot easily be converted into cash. It refers to any asset used to make money, as opposed to assets used for personal enjoyment or consumption. In governmental A

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