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.