Capital expenditure [CAPEX] is an amount spent by an organisation to either acquire or upgrade a long-term asset and which is considered a major investment by that organisation, having value to be used over several years. CAPEX may apply to machinery, systems or equivalent infrastructure. See also Asset, Fixed.« Back to Glossary Index
Discover the world’s largest Glossary of Procurement terms
With over 800 Procurement specific terms (and growing) you will find everything you need to know or thought you knew about the Procurement function. Our aim is to provide you with a comprehensive list collated from the Comprara Groups hub of training and consulting source materials.The Procurement Glossary has been compiled by industry expert Paul Rogers.