Capital Improvement

Definition

  • Any permanent structure or asset that is added to a property in order to increase the property value.

Synonyms
enhancement, upgrade

Related Terms and Acronyms

  • Capital Expenditure Definition,
    • The cost of making an improvement to a property.
  • Capital Investments Definition,
    • Money used to purchase permanent fixed assets for a business, such as machinery, land or buildings as opposed to day-to-day operating expenses.
  • Holding Period Definition,
    • The length of time a capital asset is owned. Assets held 12 months or less are short-term; those owned more than 12 months are long-term properties.
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