Money which is spent for the acquisition of assets, such as land, buildings, vehicles, machinery.

Funds to be spent acquiring, improving or constructing fixed assets.

An expenditure that is generally more than $20,000 and results in the ownership, control or possession of assets intended for continued use over long periods of time. These can include new buildings or building renovations and additions; new school buses; as well as new equipment (i.e. desks, computers, etc) and library books purchas [..]

A disbursement of money by buyer at the time of financing of a fixed asset. Portion of money deducted from the purchase price which determines the amount of financing required to complete the acquisit [..]